Energy investor Five Point targets $2 billion from Northwind pipelines sale, sources say

(Reuters) -The private equity owner of Northwind Midstream is exploring a potential sale of the Permian Basin gas infrastructure operator, with any deal expected to value the company at around $2 billion including debt, people familiar with the matter said. Five Point Infrastructure is working with investment bankers at Piper Sandler on the sale effort, which is in its early stages and may attract interest from midstream companies as well as other buyout and infrastructure funds.