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@ Layer3.news
2025-05-20 09:23:31
nostr:nprofile1qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqvap2usgr7nawhqexfk247ap0nfs34jqpjrxqqslrkv3rrrx8aesst3mr8r
FIVE POINT INFRASTRUCTURE EXPLORING $2BN SALE OF NORTHWIND MIDSTREAM
https://s.yimg.com/ny/api/res/1.2/EfEwDvPN4RqGd6QcMlEzUA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzU-/https://media.zenfs.com/en/offshore_technology_431/b1307f67ef54c1c865ec504c40f0e422
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✍️ Five Point Infrastructure is reportedly considering a sale of Northwind Midstream, a Permian Basin gas infrastructure operator, valuing the company at over $2 billion including debt.
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👉 Five Point Infrastructure is considering a sale of Northwind Midstream
👉 The company is valued at over $2 billion including debt
👉 The sale process is being managed by Piper Sandler
👉 Interest is anticipated from midstream companies and private equity and infrastructure funds
👉 There is no certainty that a deal will be finalized
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#PermianBasin #NewMexico #LeaCounty #business
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