NEWS & INSIGHTS
8minute Solar Energy Closes $400 Million in Financing from EIG
8minute Solar Energy (“8minute”) today announced that it has closed $400 million in financing from EIG, a leading institutional investor in the global energy and infrastructure sectors. The financing agreement includes a portion of growth equity and a letter of credit. R. Blair Thomas, EIG’s Chairman and CEO, will join 8minute’s Board of Directors. This […]
EIG Signs Agreement to Acquire 10% Interest in APLNG for US$1.592 Billion
Largest-Ever Sponsor-Led Acquisition of Interest in Integrated LNG Project WASHINGTON, D.C. – October 24, 2021 – EIG, a leading institutional investor to the global energy and infrastructure sectors, today announced that it has entered into a definitive agreement under which it will acquire a 10% interest in Australia Pacific LNG Pty Limited (“APLNG” or the […]
New UK Independent Power Producer Created with Investment from EIG
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 […]
EIG-Led Consortium Closes $12.4 Billion Infrastructure Deal with Aramco
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 Signs $12.4 Billion Infrastructure Deal with Aramco
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 […]
Limetree Bay Ventures Commences Refinery Startup Operations
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 […]
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 […]
Prumo, BP and Siemens Enter Into Partnership with SPIC on Energy Projects in Brazil
• 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 […]