Northern Delaware Basin Landfill | Stephens

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SELL-SIDE ADVISOR

Northern Delaware Basin Landfill

$189 Million 09/01/2026 Energy & Clean Energy Transition Complete
Investment Banking Professionals: Brad Nelson, Paul M. Moorman, Greg Allis, Jeremy Fraser, Drew Weaver
Private Companies, Family Office Advisory
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Transaction Details

On September 1, 2026, WaterBridge Infrastructure LLC (“WaterBridge”) acquired the Northern Delaware Basin Landfill (“NDB Landfill”) from Nest Sustainable Waste, LLC for $189 million.

  • NDB Landfill is a 560-acre facility in Lea County, NM, and includes ~44 million cubic yards of permitted capacity. The acquisition immediately expands WaterBridge’s environmental waste management footprint into new markets across New Mexico.

About the company

Nest Sustainable Waste, LLC
Nest Sustainable Waste, LLC is a platform created to invest in energy and environmental infrastructure primarily focused on the responsible handling of conventional and clean energy waste streams. The Company is headquartered in Dallas, Texas.

Northern Delaware Basin Landfill
NDB Landfill is a 560-acre, ~44 million cubic yard facility in Lea County, New Mexico. Lea County’s sustained high levels of E&P activity support predictable and recurring waste volumes.

WaterBridge Infrastructure LLC
WaterBridge is a leading integrated, pure-play water infrastructure company with operations predominantly in the Delaware Basin, the most prolific oil and natural gas basin in North America, with additional assets in the Eagle Ford and Arkoma Basins. WaterBridge operates the largest integrated produced water infrastructure network in the United States, through which it provides water management solutions to oil and natural gas exploration and production companies under long-term contracts. Learn more at www.wbinfra.com.

  1. Source: WaterBridge Second Quarter 2026 Results Announcement

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