Solaris Midstream Holdings has completed the issuance of $400 million in senior unsecured notes in a landmark issuance, pioneering the first sustainability-linked bond (SLB) in the produced water infrastructure industry. The notes adhere to Solaris Water’s sustainability-linked bond framework, which is consistent with the voluntary Sustainability-Linked Bond Principles issued by the International Capital Market Association and provide for a long-term key performance indicator relating to Solaris Water’s large-scale produced water recycling.
“We have been a pioneer in developing recycling infrastructure in the Permian Basin, and this sustainability-linked feature of the Notes recognizes Solaris Water’s long-term leadership in full-cycle produced water management,” said Solaris Water President and Chief Operating Officer Amanda Brock. “Solaris Water continues to demonstrate our commitment to responsibly develop and operate our infrastructure to advance sustainability, while helping our customers achieve their environmental and social objectives.”
Need to find water, identify SWD locations and capacity, request a demo of Sourcewater Water Map