EIG completes acquisition of 1332 MW Combined Cycle Gas Turbine (CCGT) power station and 49 MW battery in Nottinghamshire, England West Burton Energy, a newly created company, is well-positioned to support the energy transition. NOTTINGHAMSHIRE, England — August 31, 2021 — West Burton Energy has been created today as a […]
Consortium comprised of a cross-section of renowned investors from North America, Asia and the Middle East WASHINGTON, D.C. – EIG, a leading institutional investor to the global energy sector and one of the world’s leading infrastructure investors, today announced the closing of its previously announced transaction with Saudi Arabian Oil Co. (“Aramco”), under which a consortium […]
EIG-led consortium to acquire 49% equity stake in new entity, Aramco Oil Pipelines Co., with rights to 25-years of tariff payments for oil transported through Aramco’s stabilized crude oil pipeline network One of the world’s largest energy infrastructure transactions WASHINGTON, D.C. — April 9, 2021 — EIG, a leading institutional investor to the global energy […]
Fortescue and EIG-Backed Companies Sign MOU to Explore Joint Development of Green Hydrogen Plant in Brazil
WASHINGTON, D.C., and RIO DE JANEIRO – EIG, a leading institutional investor to the global energy sector, and Prumo Logística S.A. (“Prumo”), a private Brazilian company controlled by EIG, today announced the signing of a Memorandum of Understanding (“MoU”) between Prumo’s subsidiary, Porto do Açu Operações S.A. (“Port of Açu” or the “Port”), and Fortescue Future […]
ST. CROIX, U.S. Virgin Islands – Limetree Bay Ventures, LLC (“Limetree” or “the Company”), a world-class refinery, terminal and logistics hub controlled by EIG Global Energy Partners (“EIG”), today announced that Limetree Bay Refining (“the Refinery”) has successfully resumed operations and begun production and commercial sales of refined products. The Refinery is capable of processing […]
EIG Agrees to Sell Minority Interest in Transportadora Brasileira Gasoduto Bolívia-Brasil (TBG) to Fluxys
RIO DE JANEIRO and WASHINGTON, D.C. – EIG Global Energy Partners (“EIG”) today announced it has signed a definitive agreement with Fluxys for the sale of EIG’s approximately 27.5% stake in Transportadora Brasileira Gasoduto Bolívia-Brasil (“TBG”). TBG owns and operates the Brazilian section of the Bolívia-Brazil pipeline (“GASBOL”), an approximately 2,600 km (1,600 mile) natural gas […]
• 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 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.
Harbour Energy Completes Second Major Oil & Gas Acquisition Welcomes Greg Hill to Board of Directors
Harbour Energy, Ltd. (“Harbour Energy” or “Harbour’’) today announced completion of the acquisition of ConocoPhillips’ UK oil and gas business (“ConocoPhillips UK”) for $2.675 billion. The transaction was completed through Harbour’s North Sea subsidiary, Chrysaor Holdings Limited. The transaction has an effective date of 1 January 2018.
EIG Global Energy Partners (“EIG”), controlling shareholder of Prumo Logística S.A. (“Prumo” or the “Company”), a private Brazilian company leading the energy infrastructure hub at Port of Açu, today announced major developments at Prumo.