Tailwater Capital is selling Houston energy firm to Williams for $423M

Dallas-based private equity firm Tailwater Capital announced this week that it has entered into a definitive agreement to sell Houston-based NorTex Midstream to Tulsa-based Williams Field Services Group, a subsidiary of The Williams Companies, Inc. (NYSE: WMB) for $423 million, according to a news release.

Tailwater acquired NorTex in February 2021. As one of the only operational natural gas storage facilities supplying the North Texas region during the historic winter storm that hit Texas at…


more energy news

Send Us A Message