NEWS & INSIGHTS

DALLAS, February 14, 2023 — Freestone Holdco, LLC (“Freestone”), a portfolio company of Tailwater Capital LLC (“Tailwater”) focused on disruptive energy transition investments, today announced it has signed definitive agreements to make an investment in WASTELINQ, Inc. (“WASTELINQ”), an environmental services company that uses technology to digitize and optimize the environmental services value chain. Financial terms of the transaction were not disclosed. Launched in 2017, WASTELINQ provides one of the most comprehensive enterprise resource planning (“ERP)” software suite to a wide variety of blue-chip customers in the highly regulated commercial and

DALLAS – December 7, 2022 – Freestone Holdco, LLC (“Freestone”), a portfolio company of Tailwater Capital LLC (“Tailwater”) focused on disruptive energy transition investments, today announced the promotions of Ellen Wilkirson to Managing Director and Pierce Latham to Vice President, effective immediately. “As we continue to grow the Freestone platform and partner with disruptive businesses enabling the transition to a more carbon-neutral economy, both Ellen and Pierce have played a significant role in our success to date, and I am pleased to recognize those contributions with these well-deserved promotions,” said

Plastics recycling, especially for mixed and contaminated plastics, remains a major pollution concern. At the same time but seemingly unrelatedly, we need more plentiful and sustainable sources of graphene (useful for everything from solar cells to battery storage) and graphite (a key component of lithium-ion batteries). What if one technology could address both challenges? When Ian Bishop and Ron Presswood first brought their idea for a recycling process that would create carbon and hydrogen to a professor at a Tier One University, they were told it was scientifically impossible. Two

DALLAS, Aug. 2, 2022/PRNewswire/ — Freestone Holdco, LLC (“Freestone”), a portfolio company of Tailwater Capital LLC (“Tailwater”), today announced that it has signed definitive agreements to make an investment in Elemental Recycling (“Elemental” or the “Company”), a Houston-based company that has developed a process to upcycle plastic and other organic waste material into high-quality graphite and hydrogen. Founded in 2019, Elemental will own and operate recycling facilities that use a patented single-step process to efficiently convert organic waste material into high-purity graphite and hydrogen. Elemental’s process uses waste destined for landfills,

DALLAS – December 15, 2021 – Freestone HoldCo, LLC (“Freestone”), a portfolio company of Tailwater Capital LLC (“Tailwater”), today announced that it has signed definitive agreements to lead a $20 million investment in Momentum Technologies (“Momentum” or the “Company”), a Dallas-based lithium-ion battery and rare earth permanent magnet recycling company. Founded in 2016, Momentum installs and operates recycling plants for its customers at a wide range of capacities using its patented modular, scalable recycling technology, Membrane Solvent Extraction (“MSX”). MSX extracts high-purity metals from electronic or battery waste at industry-leading