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Goodnight Midstream secures $500M from Tailwater Capital

Private equity firm Tailwater Capital has pledged to invest more than $500 million in pipeline operator Goodnight Midstream to help it expand its oilfield water operations in the Permian Basin, Eagle Ford Shale and Bakken Shale. "With this capital flexibility, we will continue to meet the increasing demand from our customers for scalable produced water infrastructure solutions and remain focused on providing safe, reliable and environmentally sustainable produced water logistics services to our customers," said Goodnight Midstream co-founder and CEO Patrick Walker.

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