NEWS & INSIGHTS
EIG’s MidOcean Energy to Acquire Interest in LNG Canada from PETRONAS
London, 30 September 2025 – 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 it has entered into definitive agreements to acquire a 20% interest in PETRONAS’ key entities in Canada. The transaction includes a 20% interest […]
Fidra Energy reaches financial close on the UK’s largest battery energy storage project, backed by EIG and the National Wealth Fund
Edinburgh, UK, Leeds, UK and Washington, DC: Fidra Energy, a European battery energy storage system (BESS) platform headquartered in Edinburgh, UK, today announced it has secured up to £445 million of new equity investment from EIG and the National Wealth Fund (the NWF) as it reaches financial close on the UK’s largest Battery Energy Storage […]
CPP Investments Agrees to Sell Stake in Peruvian Energy Infrastructure Company TgP to EIG
TORONTO and WASHINGTON – Canada Pension Plan Investment Board (CPP Investments) today announced that it has reached a definitive agreement to sell its 49.87% equity ownership stake in Transportadora de Gas del Peru S.A. (“TgP”) to vehicles managed by EIG. TgP operates Peru’s main natural gas and natural gas liquids pipelines under a long-term concession, […]
As Part of Its Efforts to Attract and Develop High-Impact Economic and Environmental Projects: SIRC Signs MoU with EIG to Seek to Advance Recycling Infrastructure Projects in the Kingdom
Riyadh – The Saudi Investment Recycling Company (SIRC), a company wholly owned by the Public Investment Fund (PIF), has signed a Memorandum of Understanding (MoU) with the U.S.-based EIG Management Company, LLC. The MoU aims to enhance mutual cooperation in investment and the diversification of funding sources to develop and operate infrastructure projects related to the […]
Energy Transfer Signs Agreement with MidOcean Energy to Jointly Develop its Lake Charles LNG Export Facility
MidOcean Energy to Fund 30.0% of Project Costs and be Entitled to 30.0% of LNG Production DALLAS and LONDON, – Energy Transfer LP (NYSE: ET) and MidOcean Energy (“MidOcean”) today announced that Energy Transfer’s subsidiary, Energy Transfer LNG Export, LLC, has entered into a Heads of Agreement (HOA) related to its Lake Charles LNG project […]
Fidra Energy Secures 15-year Awards in Capacity Market Auction
Edinburgh, UK: Fidra Energy, a European battery energy storage system (BESS) platform headquartered in Edinburgh, UK, and backed by EIG, has secured awards for its new 1,400MW Thorpe Marsh project and 500MW West Burton C project in this year’s T-4 Capacity Market Auction. The provisional results were published by NESO, in its role as EMR […]
UK’s largest Battery Storage Project Secures Planning Consent
The 3,100MWh battery energy storage project is being developed by EIG’s Fidra Energy in Yorkshire, UK Fidra Energy, a European battery energy storage system (BESS) platform headquartered in Edinburgh, UK, has secured planning consent to build and operate its flagship battery storage site at Thorpe Marsh, Yorkshire. The 1,400MW (3,100MWh) project will be the largest […]
EIG’s Fidra Energy and Sungrow Enter into Strategic Partnership on 4.4GWh BESS Projects
Hefei, China and Edinburgh, UK – Fidra Energy and Sungrow today announced the signing of a strategic 4.4GWh energy storage partnership agreement to support Fidra’s plans to establish a 10GW battery energy storage system (“BESS”) platform across the UK and other European markets by 2030 (the “Agreement”). Under the Agreement, Sungrow will supply its liquid-cooled […]
Hassana Investment Company and EIG Sign MoU for Strategic Collaboration on Middle East Infrastructure and Energy Transition Projects
Collaboration advances shared objectives for investment in the Kingdom of Saudi Arabia and the rest of the region with EIG’s targeted US$1 billion dedicated regional fund RIYADH AND WASHINGTON, D.C. – Hassana Investment Company (Hassana) and EIG, a leading institutional investor to the global energy and infrastructure sectors, have signed a memorandum of understanding (MoU) […]
EIG’s MidOcean Energy Completes Acquisition of Additional 15% Interest in Peru LNG from Hunt Oil Company
WASHINGTON, D.C. – 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 an additional 15% interest in Peru LNG (“PLNG”) from Hunt Oil Company (“Hunt”). […]
EIG Launches Fidra Energy with 3.15 GW Pipeline of BESS Projects
The company is one of the largest battery energy storage developers in the UK and is well positioned to support the UK’s energy transition Washington, D.C. and Edinburgh, UK: EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced the launch of Fidra Energy, a European battery and energy storage […]
EIG’s MidOcean Energy to Acquire Additional 15% Interest in Peru LNG from Hunt Oil Company
MidOcean’s Strategic Investor, Aramco, to Provide Funding for Investment WASHINGTON, D.C., September 16, 2024 – 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, and Hunt Oil Company (“Hunt”) announced today that they have entered into […]
