NEWS & INSIGHTS

News


Jul 02, 2024

EIG’s Pearl Pipelines Completes ~$11 Billion Senior Debt Refinancing Program

  Brings total capital invested for its 49% interest in Aramco Oil Pipelines to ~$13 billion; Supports FDI for Kingdom of Saudi Arabia with ~65% of invested capital from outside the Kingdom Luxembourg, July 2, 2024 – EIG Pearl Holdings S.à r.l., a holding company formed and managed by EIG, a leading institutional investor in […]


May 14, 2024

EIG’s MidOcean Energy Appoints Armand Lumens as CFO

MidOcean Energy (“MidOcean”), a liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced the appointment of Armand Lumens as Chief Financial Officer (CFO). Mr. Lumens brings to MidOcean more than 30 years of highly relevant and broad expertise across M&A, private […]


Apr 23, 2024

EIG’s MidOcean Energy Completes Acquisition of 20 Percent Stake in Peru LNG

MidOcean Energy (“MidOcean” or the “Company”), a liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced the completion of its previously announced agreement to acquire SK earthon’s (“SK”) 20 percent interest in Peru LNG (“PLNG”), owner and operator of the first […]


Apr 01, 2024

EIG’s MidOcean Energy Announces Strategic Investment from Mitsubishi Corporation

Anchor Investment Underscores Success of MidOcean’s Growth Strategy MidOcean Energy (“MidOcean”), a global liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced a strategic investment by Mitsubishi Corporation(“Mitsubishi Corp”). Mitsubishi Corp’s investment will accelerate MidOcean’s strategy to create a high quality, diversified, […]


Mar 28, 2024

EIG’s MidOcean Energy Completes Acquisition of Tokyo Gas’ Interests in Portfolio of Australian Integrated LNG Projects

WASHINGTON, D.C., – MidOcean Energy (“MidOcean”), a liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced the completion of its previously announced agreement to acquire Tokyo Gas Co., Ltd’s (“Tokyo Gas”) interests in a portfolio of Australian integrated LNG projects. The […]


Mar 20, 2024

KKR Invests in Avantus to Support Renewable Energy Deployment in the United States

Transaction Marks First U.S. Investment from KKR’s Global Climate Strategy NEW YORK – Today, KKR, a leading global investment firm, announced the signing of a definitive agreement pursuant to which investment funds and accounts managed by KKR agreed to acquire a majority stake in Avantus, a premier U.S. developer of large utility-scale solar and solar-plus-storage […]


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 […]