Summit Midstream raises $42 million through equity sale to Tailwater Capital
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Summit Midstream Corporation Announces $42 Million Equity Issuance to Affiliate of Tailwater Capital
March 31, 2026 5:00 PM EDTHOUSTON, March 31, 2026 /PRNewswire/ -- Summit Midstream Corporation (NYSE: SMC) ("Summit", "SMC" or the "Company") announced today that it and its subsidiary, Summit Midstream Partners, LP (the "Partnership"), have entered into a securities purchase agreement with an affiliate of Tailwater Capital LLC ("Tailwater"), for a private placement of 1,351,351 shares of the Company's common stock, at a price of $31.08 per... More
