NEWS & INSIGHTS
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 North Sea”) to EIG fund investors through a series of distributions.
Following the merger of Premier Oil plc and Chrysaor Holdings Ltd., Harbour North Sea received 36.46% of the
Company. EIG manages holdings in the Company through an investment fund via several holding companies (the
“EIG Holding Structure”). The distribution of shares though the EIG Holding Structure will result in numerous
EIG would like to make clear that:
• No shares of the Company were sold as part of this distribution.
• Following this distribution, EIG will remain the largest shareholder of the Company, holding approximately
16% of its outstanding shares through managed vehicles and proprietary ownership.
• R. Blair Thomas and Steven Farris will remain as Chairman and Director, respectively, of the Company.
• The distribution is a taxable event for certain EIG affiliated shareholders, so some of these shareholders
may sell shares to cover such tax obligations as and when necessary.
“Today, EIG has distributed shares in Harbour Energy to our fund investors. As EIG is still the largest shareholder
following the distribution, we remain committed to the sector, confident in the Company’s current strategy and
supportive of its management team,” said R. Blair Thomas, EIG’s Chief Executive Officer.
EIG is a leading institutional investor to the global energy and infrastructure sectors with $25.0 billion under
management as of March 31, 2022. EIG specializes in private investments in energy and energy-related
infrastructure on a global basis. During its 40-year history, EIG has committed $40.1 billion to the energy sector
through 380 projects or companies in 38 countries on six continents. EIG’s clients include many of the leading
pension plans, insurance companies, endowments, foundations and sovereign wealth funds in the U.S., Asia and
Europe. EIG is headquartered in Washington, D.C. with offices in Houston, London, Sydney, Rio de Janeiro, Hong
Kong and Seoul. For additional information, please visit EIG’s website at www.eigpartners.com.
Kelly Kimberly / Brandon Messina