SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* WBR Holdings LLC (Last) (First) (Middle) C/O WATERBRIDGE INFRASTRUCTURE LLC 5555 SAN FELIPE STREET, SUITE 1200 (Street) HOUSTON TX 77056 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 09/17/2025	3. Issuer Name and Ticker or Trading Symbol WaterBridge Infrastructure LLC [ WBI ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Shares	3,411,735	I	See Footnotes(1)(2)(3)(4)
Class B Shares	58,682,925	I	See Footnotes(1)(2)(3)(4)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
OpCo Units	(5)	(5)	Class A Shares	58,682,925	(5)	I	See Footnotes(1)(2)(3)(4)

1. Name and Address of Reporting Person* WBR Holdings LLC (Last) (First) (Middle) C/O WATERBRIDGE INFRASTRUCTURE LLC 5555 SAN FELIPE STREET, SUITE 1200 (Street) HOUSTON TX 77056 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* NDB Holdings LLC (Last) (First) (Middle) C/O WATERBRIDGE INFRASTRUCTURE LLC 5555 SAN FELIPE STREET, SUITE 1200 (Street) HOUSTON TX 77056 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Desert Environmental Holdings LLC (Last) (First) (Middle) C/O WATERBRIDGE INFRASTRUCTURE LLC 5555 SAN FELIPE STREET, SUITE 1200 (Street) HOUSTON TX 77056 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Five Point Energy GP I LP (Last) (First) (Middle) C/O WATERBRIDGE INFRASTRUCTURE LLC 5555 SAN FELIPE STREET, SUITE 1200 (Street) HOUSTON TX 77056 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Five Point Energy GP I LLC (Last) (First) (Middle) C/O WATERBRIDGE INFRASTRUCTURE LLC 5555 SAN FELIPE STREET, SUITE 1200 (Street) HOUSTON TX 77056 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Five Point Energy GP II LP (Last) (First) (Middle) C/O WATERBRIDGE INFRASTRUCTURE LLC 5555 SAN FELIPE STREET, SUITE 1200 (Street) HOUSTON TX 77056 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Five Point Energy GP II LLC (Last) (First) (Middle) C/O WATERBRIDGE INFRASTRUCTURE LLC 5555 SAN FELIPE STREET, SUITE 1200 (Street) HOUSTON TX 77056 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Five Point Energy GP III LP (Last) (First) (Middle) C/O WATERBRIDGE INFRASTRUCTURE LLC 5555 SAN FELIPE STREET, SUITE 1200 (Street) HOUSTON TX 77056 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Five Point Energy GP III LLC (Last) (First) (Middle) C/O WATERBRIDGE INFRASTRUCTURE LLC 5555 SAN FELIPE STREET, SUITE 1200 (Street) HOUSTON TX 77056 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

Explanation of Responses:

1. Includes (i) 3,411,735 Class A Shares and 11,063,925 Class B Shares held of record by WBR Holdings LLC ("WBR Holdings"), (ii) 41,425,200 Class B Shares held of record by NDB Holdings LLC ("NDB Holdings") and (iii) 6,193,800 Class B Shares held of record by Desert Environmental Holdings LLC ("Desert Holdings").

2. WaterBridge Resources LLC is the managing member of WBR Holdings and is controlled by a board of managers consisting of four members. Funds controlled by Five Point Energy GP I LP ("GP I") indirectly beneficially own a majority of the capital interests in WaterBridge Resources LLC and have a right to appoint a majority of the members of the board of managers. Five Point Energy GP I LLC ("GP I LLC") is the sole general partner of GP I, and David N. Capobianco is the sole member of GP I LLC. As a result, each of WaterBridge Resources LLC, GP I, GP I LLC and Mr. Capobianco may be deemed to beneficially own the securities held by WBR Holdings. Each such entity and individual disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein, if any.

3. WaterBridge NDB LLC is the managing member of NDB Holdings and is controlled by a board of managers consisting of four members. Funds controlled by Five Point Energy GP II LP ("GP II") and Five Point Energy GP III LP ("GP III") indirectly beneficially own a majority of the capital interests in NDB Holdings and have a right to appoint a majority of the members of the board of managers. Five Point Energy GP II LLC ("GP II LLC") is the sole general partner of GP II and Five Point Energy GP III LLC ("GP III LLC") is the sole general partner of GP III. David N. Capobianco is the sole member of each of GP II LLC and GP III LLC. As a result, each of GP II, GP III, GP II LLC, GP III LLC and Mr. Capobianco may be deemed to beneficially own the securities held by NDB Holdings. Each such entity and individual disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein, if any.

4. Desert Holdings is controlled by a board of managers consisting of four members. Funds controlled by GP III indirectly beneficially own a majority of the capital interests in Desert Holdings and have a right to appoint a majority of the members of the board of managers of Desert Holdings. As a result, each of GP III, GP III LLC and Mr. Capobianco may be deemed to beneficially own the securities held by Desert Holdings. Each such entity and individual disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein, if any.

5. Each OpCo Unit may be redeemed at the request of the holder for either Class A Shares on a one-to-one basis or for a cash payment, as determined by the OpCo LLC Agreement. Upon redemption of OpCo Units, an equal number of Class B Shares will be canceled. The OpCo Units do not expire.

	WBR Holdings LLC, By: /s/ Harrison Bolling, Executive Vice President & General Counsel	09/17/2025
	NDB Holdings LLC, By: /s/ Harrison Bolling, Executive Vice President & General Counsel	09/17/2025
	Desert Environmental Holdings LLC, By: /s/ Jason Williams, Chief Financial Officer	09/17/2025
	Five Point Energy GP I LP, By: Five Point Energy GP I LLC, its sole GP, By: /s/ David Capobianco, sole member	09/17/2025
	Five Point Energy GP I LLC, By: /s/ David Capobianco, sole member	09/17/2025
	Five Point Energy GP II LP, By: Five Point Energy GP II LLC, its sole GP, By: /s/ David Capobianco, sole member	09/17/2025
	Five Point Energy GP II LLC, By: /s/ David Capobianco, sole member	09/17/2025
	Five Point Energy GP III LP, By: Five Point Energy GP III LLC, its sole GP, By: /s/ David Capobianco, sole member	09/17/2025
	Five Point Energy GP III LLC, By: /s/ David Capobianco, sole member	09/17/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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