Year Founded: 1982
AUM: $23.10B | Dry Powder: $3.42B
Key Contacts
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Randall WadePresident, Investment Committee Member, and ECM
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Matthew Fox JDManaging Director, General Counsel & Chief Operating Officer
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Robert Thomas JDCEO, Chairman of Investment and Executive Committee
Investment Preferences
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Preferred IndustriesCommercial Services, Commercial Transportation, Energy Production, Energy Services, Metals, Minerals and Mining, Other Business Products and Services
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Geographical PreferenceAfrica, Asia, Australia, Europe, Middle East, North America, South America
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Preferred Deal TypesBuyout/LBO, Debt – General, Mezzanine, PE Growth/Expansion, PIPE, Secondary Buyout
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Other Investment Preferences
- Prefers majority stake
- Seeks ESG investments
- Will syndicate
Investments By Year
Funds Closed
Size: $314.4M
Dry Powder: $145.9M
Details: It prefers to invest in energy industries
Size: $1.1B
Dry Powder: $864.8M
Details: Fund targets energy, infrastructure direct lending, midstream, power, renewable energy on a global basis
Size: $134.1M
Dry Powder: $96.5M
Details: It prefers energy industries, and its real assets & natural resources asset preference is oil and gas
Investments By Industry
Investments By Region
Key Investments
In October 2022, EIG Global Energy Partners signed an agreement with Tokyo Gas to acquire the Japanese utility gas operator’s interests in Gorgon LNG, Ichthys LNG, Pluto LNG and Queensland Curtis LNG for $2.15 billion. Tokyo Gas will transfer four out of five LNG interests the company holds in Australia to EIG Global Energy Partners. The sale involves LNG projects in which Tokyo Gas participates as a minority stakeholder
In September 2022, EIG Global Energy Partners entered into a definitive agreement with Repsol S.A. to acquire a 25% stake in Repsol Upstream, a newly-formed global exploration & production (“E&P”) company comprising Repsol’s entire global upstream oil and gas business for $4.8 billion. The transaction values the business unit at c.$19.2 billion
In June 2022, EIG Global Energy Partners acquired ANPAC, which owns a portfolio of 11 run-of-river hydroelectric power plants for an undisclosed amount. ANPAC portfolio includes 110MW of hydroelectric power projects, comprising operating plants and those at various stages of construction and development
In April 2022, Highly Innovative Fuels received $260 million of development capital from EIG Global Energy Partners, Andes Mining & Energy, Baker Hughes and other investors. The funds will be used to develop carbon-neutral e-fuels projects in the US, Chile and Australia that will supply ships, cars, trucks and airplanes with renewable energy
In March 2022, EIG Global Energy Partners and Fluxys agreed to acquire an 80% stake in Chile-based regasification terminal GNL Quintero from Enagas and Omers for $661 million. Quintero LNG is the largest terminal for receiving and unloading LNG in Chile
In January 2022, 8minute Solar Energy received $400 million of development capital from EIG Global Energy Partners. The investment will help 8minute continue to operate and grow its attractive portfolio of clean energy assets, which includes over 18GW of solar capacity and 24GWh of storage throughout California and Texas
In October 2021, EIG Global Energy Partners agreed to acquire a 10% interest in Australia Pacific LNG Pty Ltd. (APLNG) from Origin Energy Ltd for $1.6 billion. As part of the transaction, EIG will have the right to nominate one member to Australia Pacific LNG’s board of directors
In October 2021, EIG Global Energy’s Portfolio company Cerro Dominador secured an environmental permit to build a 690MW CSP mega-complex in the country. As the company has got the permit, it would invest in making modifications to its 450MW Likana CSP project in order to raise the proposed plant’s capacity to 690MW, which could be done with the installation of three solar power towers with storage, each capable of generating 230MW
Other Details
The firm is a provider 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 and renewables sectors globally. It has committed more than $44.5 billion in 393 portfolio investments in 42 countries. The firm employs 63 investment professionals operating from 7 offices located in Washington, DC, Houston, Hong Kong, London, Sydney, Seoul and Rio de Janeiro
EIG Energy Transition Fund is an oil and gas fund managed by EIG Global Energy Partners. It targets investments in the energy sector. The fund’s target size is $906.95 million
Abengoa, Africa Finance, ArcLight Capital Partners, Aurium Capital Markets, Bain Capital Credit, Barclays, Bioenergy Infrastructure Holdings, BlackRock, Blackstone Credit, BTG Pactual, BV Natural Resources, Cheniere Energy, Cogentrix Energy Power Management, CPP Investments, Crescera Capital, GIC (Singapore) are some of the institutional investors in EIG Global Energy Partners’ funds