PE-backed Aqua Terra makes new purchases in Texas

Aqua Terra Water Management LP, a merchant operator of salt water disposal facilities with significant Canadian assets, has made new acquisitions in the Midland Basin of west Texas. It bought two saltwater disposal facilities operated by Texas SWD Co Inc and a permit for a facility from Coronado Minerals LLC for an undisclosed amount. Aqua Terra was formed by U.S. private equity firm Bregal Partners last November. Its first investment was Grande Prairie, Alberta's Four Winds Energy Services Ltd.

24 October 2014•3 mins read
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