Company: WBI
Filing Date: 2025-09-18
Form Type: 424B4
Source: 0001193125-25-206805
Chunk: 456

Company: WaterBridge Infrastructure LLC
Filing Date: 2025-09-18
Form: 424B4
Chunk 456
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:|
| Capital expenditures in accounts payable and accrued liabilities |     | $                         | 18,108 |     | $    |   893 |
| Asset financing                                                  |     | $                         |  1,146 |     | $    | 3,003 |
| Asset retirement obligation additions                            |     | $                         |    284 |     | $    |     4 |
| Insurance financing                                              |     | $                         |      - |     | $    |   211 |

<div align='center'>F-97

WaterBridge Equity Finance LLC and Subsidiaries

Notes to the Unaudited Condensed Consolidated Financial Statements</div>

4. Property, Plant and Equipment Property, plant and equipment, net of accumulated depreciation consisted of the following:

|                                                               |     |   |  June 30, 
      2025 |   |     |   | December 31, 
         2024 |   |
|:--------------------------------------------------------------|:----|:--|----------:|:--|:----|:--|-------------:|:--|
| Wells, pipelines, facilities, ponds and related equipment     |     |   | 1,652,971 |   |     | $ |    1,606,123 |   |
| Brackish water wells, facilities, ponds and related equipment |     |   |    71,852 |   |     |   |       71,852 |   |
| Buildings, vehicles, equipment, furniture and other           |     |   |    45,977 |   |     |   |       41,439 |   |
| Land (1)                                                      |     |   |     9,693 |   |     |   |        9,693 |   |
| Construction in progress                                      |     |   |     7,697 |   |     |   |       17,619 |   |
|                                                               |     |   | 1,788,190 |   |     |   |    1,746,726 |   |
| Less:  Accumulated depreciation                               |     |   |  (556,668 | ) |     |   |     (519,805 | ) |
| Total property, plant and equipment, net                      |     | $ | 1,231,522 |   |     | $ |    1,226,921 |   |

(1) Includes land improvement costs of $0