NEWS & INSIGHTS

News


Feb 08, 2024

EIG’s MidOcean Energy to Acquire SK Earthon’s 20 Percent Stake in Peru LNG

WASHINGTON, DC,  – MidOcean Energy (“MidOcean”), an LNG company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced that it has entered into a definitive agreement with SK Earthon (“SK”) to acquire SK’s 20 percent interest in Peru LNG (“PLNG”). PLNG owns and operates the first […]


Jan 15, 2024

European IPP Aukera Secures €450 Million Financing Facility From EIG

Provides Significant Capital to Construct Over 1.5 GW of Solar, Wind and Co-Located Battery Storage Assets in Europe by 2026 Brussels, Belgium and Washington D.C. – Aukera BV (“Aukera”), the pan-European renewable energy developer and independent power producer (“IPP”) majority owned by AtlasInvest, today announced the signing of a €450 million structured credit facility (the […]


Dec 28, 2023

EIG to Acquire Ocyan for US$390 Million

Acquisition of Leading Infrastructure and Service Company Supporting Energy Industry in Brazil WASHINGTON, D.C. & RIO DE JANEIRO  – EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced that it has entered into definitive agreements with Novonor S.A. (“Novonor”) and Brazilian Development Bank (“BNDES”) to acquire Ocyan Participações S.A. (“Ocyan” […]


Dec 01, 2023

Abdulaziz Al-Gudaimi, Aramco Veteran, Joins EIG as Senior Advisor and Chairman of MENA Operations

WASHINGTON, DC  – EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced that Abdulaziz Al-Gudaimi has joined EIG as Senior Advisor and Chairman of EIG’s Middle East & North Africa (“MENA”) Operations. Mr. Al-Gudaimi, formerly Executive Vice President of Corporate Development at Saudi Aramco (“Aramco”), has over 38 years of […]


Oct 26, 2023

EIG and ACWA Power sign Heads of Terms agreement at FII7 in Riyadh

Riyadh, Saudi Arabia – ACWA Power, the world’s largest private water desalination company, leader in energy transition and first mover into green hydrogen, has signed several agreements that are in aggregate worth US$746 million on the sidelines of the Future Investment Initiative (FII7) in Riyadh. In a US$500 million Heads of Terms agreement with EIG, a leading […]


Sep 28, 2023

Aramco to enter global LNG business by acquiring stake in MidOcean Energy

Joint Press Release Aramco to enter global LNG business by acquiring stake in MidOcean Energy Aramco agrees to acquire a strategic minority stake in MidOcean Energy for $500m, with option to increase size of shareholding Strategic partnership enables Aramco to tap into international LNG opportunities DHAHRAN, Saudi Arabia – Aramco, one of the world’s leading […]


Jul 12, 2023

Multiply Group invests AED 367 million in EIG’s Breakwater Energy

Abu Dhabi, UAE: Multiply Group (ADX: MULTIPLY), an Abu Dhabi-based investment holding company, is acquiring a minority interest in Breakwater Energy for AED 367 million ($100 million). This investment comes under Multiply+, the Group’s sector-agnostic arm that is more opportunistic in nature. Through this acquisition, Multiply Group will become part owner of a highly profitable […]


Jun 07, 2023

Brookfield and EIG Consortium submits ACCC application for proposed acquisition of Origin Energy

    Sydney/Toronto/Washington, D.C., – A consortium comprising Brookfield Renewable Partners (NYSE: BEP, BEPC; TSX: BEP.UN, BEPC) (Brookfield), together with its institutional partners and global institutional investors GIC and Temasek, and MidOcean Energy (MidOcean), an LNG company formed and managed by EIG, has lodged its application for merger authorisation with the Australian Competition and Consumer […]


Apr 17, 2023

EIG Hires Joe Kaeser, Former Siemens AG CEO, as Senior Advisor

EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced that Joe Kaeser, former President and Chief Executive Officer of Siemens AG (“Siemens”), has joined EIG as Senior Advisor. In this role, Mr. Kaeser will provide strategic counsel to the firm’s leadership team on matters related to global energy markets, with […]


Mar 27, 2023

Brookfield and EIG Consortium Sign Binding Agreement to Acquire Origin Energy

All currency AUD unless otherwise stated Landmark transaction to accelerate decarbonization of the energy grid and help Australia progress towards its net zero goals. Origin is Australia’s largest integrated power generator and energy retailer with a 24% market share of the national electricity market and owner of a 27.5% stake in Australia Pacific LNG Project […]


Mar 02, 2023

EIG Completes Acquisition of 25% of Repsol’s Entire Global Upstream Business

EIG’s Breakwater Energy acquires stake for $4.8 billion EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced the completion of its acquisition of a 25% interest in Repsol Upstream, a newly-formed, gas-weighted exploration & production company comprising Repsol’s entire global upstream oil and gas business. Breakwater Energy, a wholly owned […]


Feb 28, 2023

EIG and Modern Energy Announce a $90 Million Investment in Industrial Sun

WASHINGTON, D.C., AUSTIN, T.X. & DURHAM, N.C. – EIG, a leading institutional investor in the global energy and infrastructure sectors, and diversified clean energy company Modern Energy announced today a $90 million investment in Industrial Sun, a Modern Energy company and developer of large-scale solar projects for power sale to industrial clients in Texas’ ERCOT […]