NEWS & INSIGHTS
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
German IPP ILOS Projects Secures €500 Million Financing Facility From EIG
London, UK – ILOS Projects (“ILOS”), a Pan-European Independent Power Producer (IPP) sponsored by Omnes, today announced the signing of a €500 million structured credit facility (the “Facility”) with EIG, a leading institutional investor in the global energy and infrastructure sectors. The Facility is expected to support ILOS’s plans to generate more than 2GW of […]
EIG’s MidOcean Energy to Acquire Tokyo Gas’ Interests in Portfolio of Four Australian Integrated LNG Projects for US$2.15 Billion
Diversified portfolio of high quality, cash flowing LNG projects establish foundation for MidOcean Energy WASHINGTON, D.C. – 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 Tokyo Gas Co., Ltd (“Tokyo […]
EIG to Acquire 25% Of Repsol’s Entire Global Upstream Business
Large Scale, High-Graded Upstream Portfolio Provides Reliable Energy to Support Growing Demand WASHINGTON, D.C. – September 7, 2022 – EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced that it has entered into a definitive agreement with Repsol S.A. (“Repsol”) to acquire a 25% stake in Repsol Upstream, a newly-formed […]
Opdenergy closes a corporate debt facility for an amount of €250 million with EIG and Generali Global Infrastructure
Opdenergy closes a corporate debt facility for an amount of €250 million with EIG and Generali Global Infrastructure This new debt facility follows the one granted by EIG to Opdenergy in 2021, when they agreed to issue a financing facility of euro-denominated senior bonds for a principal amount of up to €140 million. The funds […]
EIG Completes Distribution of Harbour Energy Plc Shares
EIG COMPLETES DISTRIBUTION OF HARBOUR ENERGY PLC SHARES EIG to remain Harbour’s largest shareholder WASHINGTON, DC (July 8, 2022) – EIG, a leading institutional investor to the global energy and infrastructure sectors, today announced that it has distributed shares of Harbour Energy plc (HBR.L or the “Company”) held by Harbour North Sea Holdings Ltd. (“Harbour […]
EIG Launches Chilean Renewables Platform, Grupo Cerro
Washington, DC and Santiago, Chile — June 29, 2022 — EIG, an institutional investor to the global energy sector and one of the world’s leading infrastructure investors, today launched Grupo Cerro, a new renewable energy platform in Chile. The newly formed entity includes EIG-owned Cerro Dominador plants and the recently acquired ANPAC, the owner of […]
