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Houston energy services co. nabs $100M in debt funding

Joshua Mann
Houston energy services co. nabs $100M in debt funding

Houston-based Solaris Water Midstream LLC has made a move on debt funding to fuel its growth in the Permian Basin. Solaris, which provides water infrastructure to the oil and gas business, grabbed another $100 million in capacity on its revolving debt facility, reaching a total of $350 million, according to a July 1 press release. Solaris still has plenty of room to expand upon its flagship asset, the Pecos Star System, in the Permian Basin, CEO Bill Zartler said in a February interview.