Dec 19 (Reuters) - Tidewater Midstream And Infrastructure Ltd TWM.V
* Deal for $30 million
* Through to Dec 19, co has spent approximately $40 million of $125 million 2016 and 2017 capital budget
* Through Dec 19, remaining capital funding requirement of about $85 million left for remainder of 2016 and 2017 existing projects
* Anticipates deal will generate annualized EBITDA of about $4.5 million including related operational synergies
* Entered into an agreement in which underwriters will purchase for sale 38.5 million shares at $1.56 per common share
* Announces strategic core-area acquisition, $60 million bought deal offering of common shares and confirms fourth quarter 2016 dividend Source text for Eikon: ID:nCCN7jMlhF Further company coverage: TWM.V