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Delaware gas mover WhiteWater said to be eyeing $2B sale
WhiteWater Midstream, which operates a gas pipeline in the Delaware Basin, is exploring a $2 billion sale, including debt, according to media reports. WWM was founded in 2016 and is backed by a $200 million commitment from private equity firms Denham Capital Management and Ridgemont Equity Partners. Unnamed sources cited in a Reuters report did not disclose a possible buyer and cautioned a transaction might not happen. WWM’s key asset is the 160-mile Aqua Blanca pipeline, which can carry 1.4 Bcf/d from......
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