Your Portal for Key Energy Information and Research

EIG Global Partners

Company Summary

Description

"Since 1982, EIG has been one of the leading providers of institutional capital to the global energy industry, providing financing solutions across the balance sheet for companies and projects in the oil & gas, midstream, infrastructure, power, renewables and resources sectors globally. EIG has invested more than $21.5 billion in more than 300 portfolio investments in 35 countries. The firm’s deep sector expertise and internal technical capabilities permit EIG to structure creative solutions for our industry partners in complex situations." -Company Website

Website

http://www.eigpartners.com/about-us

Related Entities

Recent news

  • 2/8/2024 - MidOcean Energy Acquires... (subscriber access)
  • 10/10/2023 - Australian Regulators... (subscriber access)
  • 9/29/2023 - Aramco Acquiring... (subscriber access)
  • 3/3/2023 - EIG Acquires 25%... (subscriber access)
  • 2/28/2023 - EIG & Modern Energy... (subscriber access)

Company Transactions

Date: 5/15/2022
Type: Acquisition

DETAILS:

COST: 1.3 $B

VOLUMES: 55 MBOE/d

NOTES:
PDC Energy has signed a deal to acquire Great Western Petroleum in the DJ Basin for $1.3 billion from EIG, TPG Energy Solutions, L.P. and The Broe Group. They will finance the deal via the issuance of 4.0 million shares of common stock and $543 million in cash. Closing is targeted for the second quarter of 2022.
REGIONS:
  • DJ Basin
  • Date: 12/31/2021
    Type: Acquisition

    NOTES:
    An EIG-led consortium of investors has signed a $12.4 billion lease and lease-back deal with Said Aramco for a 49% position in the newly formed Aramco Oil Pipelines Company, The deal covers rights to 25-years of tariff payments for oil transport on the pipe network. Those assets handle 100% of Aramco's crude oil production under the Concession Agreement.
    REGIONS:
  • Middle East
  • Date: 10/25/2021
    Type: Acquisition

    SELLERS:
  • Origin Energy
  • DETAILS:

    COST: 1.592 $B

    NOTES:
    EIG announced that it will be acquiring a 10% stake in Australia Pacific LNG Pty. Limited from Origin Energy for $1.592 billion. They cited that this marks the "first-ever acquisition of an interest in an operational integrated LNG project by a private equity sponsor."
    REGIONS:
  • Australia
  • Date: 1/6/2021
    Type: Acquisition

    BUYERS:
  • Fluxys
  • ASSETS:
  • Gasbol Pipeline
  • DETAILS:
    NOTES:
    EIG Global Energy Partners has divested a portion of its 27.5% stake in the Brazilian segment of the Gasbol Pipeline to Fluxys. The pipe carries Bolivian gas reserves into Brazil and is the largest natural gas pipeline in South America.
    REGIONS:
  • South America
  • Date: 3/1/2017
    Type: Acquisition

    NOTES:
    Kinder Morgan has divested 49% stake in the Elba Liquefaction Company to EIG Global Energy Partners Investment Funds.
    REGIONS:
  • Southeast
  • Date: 5/31/2016
    Type: Acquisition

    DETAILS:

    COST: 325 $MM

    NOTES:
    Acquisition of Pacific amid their ongoing bankruptcy
    REGIONS:
  • South America