NEWS & INSIGHTS

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 […]

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 […]

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 […]

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 […]

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” […]

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 […]

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 […]

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 […]

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 […]

    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, 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 […]