WaterBridge Infrastructure寻求在美国 IPO 中筹集高达 5.4 亿美元的资金。

总部位于休斯顿的 WaterBridge 于 9 月 8 日宣布，计划以每股 17 至 20 美元的 IPO 价格出售 2700 万股 A 类股票。

WaterBridge是一家水利基础设施公司，主要业务位于二叠纪盆地的特拉华盆地。该公司的资产组合包括2500英里的管道和197个采出水设施，总采出水能力超过450万桶/天。

Permian 的主要客户包括Permian Resources、Devon Energy、Vital Energy、APA Corp.和Trinity Operating。WaterBridge还在 Eagle Ford 和 Arkoma 盆地拥有资产。

根据美国证券交易委员会 (SEC) 的数据，该公司股票预计将于 9 月 19 日开始在纽约证券交易所交易，股票代码为“BBI”。

WaterBridge 由私募股权公司Five Point Infrastructure和公司管理层成立，旨在收购和扩大其在特拉华盆地的地位。

摩根大通和巴克莱银行担任此次拟议发行的主账簿管理人。其他账簿管理人包括高盛公司、摩根士丹利、富国银行证券、Piper Sandler、雷蒙德詹姆斯和Stifel。

德州资本证券、Pickering Energy Partners、Janney Montgomery Scott、Johnson Rice & Co. 和 Roberts & Ryan 担任联席经理。

WaterBridge 表示，按照每股 18.50 美元的中间价计算，预计此次 IPO 将筹集约 4.61 亿美元。

根据文件显示，该公司计划利用2.282亿美元的净收益收购第三方投资者Edla River Infrastructure WB LLC持有的部分权益。所得款项还将用于偿还未偿债务。

过去两年，WaterBridge 加入了少数能源服务相关 IPO 的行列。阿巴拉契亚地区石油和天然气生产商Infinity Natural Resources于 2025 年 2 月完成了 IPO。

去年，BKV Corp.、LandBridge Co.和Tamboran Resources等公司成功完成上市。

其他近期进入公开市场的公司包括TXO Partners LP、Mach Natural Resouces LP、Kodiak Gas Services和Atlas Energy Solutions。

WaterBridge Infrastructure seeks to raise up to $540 million in a U.S. IPO.

Houston-based WaterBridge plans to sell 27 million Class A shares at an IPO price of between $17 and $20 per share, the company announced Sept. 8.

WaterBridge is a water infrastructure company with operations mainly in the Permian’s Delaware Basin. The firm’s portfolio includes 2,500 miles of pipelines, 197 produced water facilities with a total capacity of over 4.5 MMbbl/d of produced water.

Major Permian customers include Permian Resources, Devon Energy, Vital Energy, APA Corp. and Trinity Operating. WaterBridge also has assets in the Eagle Ford and Arkoma basins.

The company’s stock is expected to begin trading on the New York Stock Exchange under the ticker symbol “WBI” on Sept. 19, according to Securities and Exchange Commission (SEC) data.

WaterBridge was formed between private equity firm Five Point Infrastructure and company management to acquire and expand its position in the Delaware Basin.

J.P. Morgan and Barclays are serving as lead book-running managers for the proposed offering. Book-running managers for the offering include Goldman Sachs & Co. LLC, Morgan Stanley, Wells Fargo Securities, Piper Sandler, Raymond James and Stifel.

Texas Capital Securities, Pickering Energy Partners, Janney Montgomery Scott, Johnson Rice & Co. and Roberts & Ryan are serving as co-managers.

WaterBridge said it expects to raise around $461 million from the IPO based on the midpoint price of $18.50 per share.

The company plans to use $228.2 million of net proceeds to acquire certain interests held by a third-party investor, Edla River Infrastructure WB LLC, according to filings. Proceeds will also be used to repay outstanding debt.

WaterBridge is joining a handful of energy services-related IPOs over the past two years. Appalachia oil and gas producer Infinity Natural Resources completed an IPO in February 2025.

Last year, names including BKV Corp., LandBridge Co. and Tamboran Resources closed successful offerings.

Other recent entrants to the public markets included TXO Partners LP, Mach Natural Resouces LP, Kodiak Gas Services and Atlas Energy Solutions.