NEWS & INSIGHTS
Prumo, BP and Siemens Enter Into Partnership with SPIC on Energy Projects in Brazil
• SPIC to acquire 33% of GNA I and GNA II 3 GW LNG-to-power projects • Enter agreement to participate in future expansion projects GNA III and GNA IV as part of overall 6.4 GW power and domestic gas hub strategy at Port of Açu Prumo, a private Brazilian company controlled by EIG Global Energy […]
EIG Raises $1.1 Billion for Global Project Fund V
EIG Global Energy Partners (EIG) announced today the successful final close of EIG Global Project Fund V (GPF V or the Fund) with total commitments of $1.1 billion, nearly 50% higher than the Fund’s $750 million target. EIG also raised an additional $1.5 billion of commitments in the form of separately managed accounts that will invest alongside GPF V. In total, since the first closing of GPF V in July 2019, EIG has raised $2.6 billion of commitments for its direct lending strategy.
