Tidewater Midstream and Infrastructure Ltd. (“Tidewater Midstream“) (TSX: TWM) is pleased to announce that its majority-owned subsidiary, Tidewater Renewables Ltd. (“Tidewater Renewables” or the “Company“), has today announced that, further to Tidewater Renewables’ recently completed initial public offering (the “Offering“) of an aggregate of 10,000,000 common shares (the “Common Shares“) at a price of $15.00 per Common Share (the “Offering Price“), Tidewater Renewables has issued an additional 735,000 Common Shares at the Offering Price pursuant to the over-allotment option granted by the Company to the Underwriters (as defined herein), in connection with the Offering, for additional gross proceeds of $11,025,000.