NEWS & INSIGHTS
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 […]
EIG Raises $1.1 Billion for Global Project Fund V
EIG Global Energy Partners (EIG) announced today the successful final close of EIG Global Project Fund V (GPF V or the Fund) with total commitments of $1.1 billion, nearly 50% higher than the Fund’s $750 million target. EIG also raised an additional $1.5 billion of commitments in the form of separately managed accounts that will invest alongside GPF V. In total, since the first closing of GPF V in July 2019, EIG has raised $2.6 billion of commitments for its direct lending strategy.
Harbour Energy Completes Second Major Oil & Gas Acquisition Welcomes Greg Hill to Board of Directors
Harbour Energy, Ltd. (“Harbour Energy” or “Harbour’’) today announced completion of the acquisition of ConocoPhillips’ UK oil and gas business (“ConocoPhillips UK”) for $2.675 billion. The transaction was completed through Harbour’s North Sea subsidiary, Chrysaor Holdings Limited. The transaction has an effective date of 1 January 2018.
EIG Announces Major Developments at Prumo Logística
EIG Global Energy Partners (“EIG”), controlling shareholder of Prumo Logística S.A. (“Prumo” or the “Company”), a private Brazilian company leading the energy infrastructure hub at Port of Açu, today announced major developments at Prumo.
FS Investments Closes Transaction with EIG
Investors Overwhelmingly Approve New Partnership PHILADELPHIA, PA, and WASHINGTON, D.C. – April 9, 2018 – FS Investments (FS) and EIG Global Energy Partners (EIG) today announced the closing of their previously announced transaction to manage FS Energy and Power Fund (FSEP), the largest energy-focused BDC in the marketplace with $4.3 billion in assets under management.
Harbour Energy Proposal to Acquire Santos Limited
Harbour Energy, Ltd. (“Harbour”) today confirmed that Santos Limited (“Santos” or the “Company”) has agreed to grant Harbour access to due diligence pursuant to Harbour’s non-binding offer to acquire 100% of the fully diluted ordinary shares of Santos by way of scheme of arrangement.
FS Investments and EIG Global Energy Partners to Form Partnership to Manage $4 Billion FS Energy and Power Fund
FS Investments and EIG Global Energy Partners to Form Partnership to Manage $4 Billion FS Energy and Power Fund Plan to Rebalance Portfolio to Position the Energy-Focused Business Development Company for Improved Performance
EIG Holds Final Closing of Global Private Debt Fund
$2.0 billion raised in latest EIG Direct Lending Fund