Skip to main content

Year Founded: 1982

AUM: $22.7B | Dry Powder: $3.7B

600 New Hampshire Avenue North West, Suite 1200, Washington, DC 20037, US

EIG Global Energy Partners is a private equity firm based in Washington, US. The firm prefers to invest in the oil and gas, energy related infrastructure, renewable and power, geothermal sector and transmissions and distribution sectors

Key Contacts

  • Robert Thomas

    CEO and Chairman

  • Pinal Parekh

    Senior Vice President & Chief Financial Officer

  • Jean-Daniel Borgeaud

    Managing Director & Head of Power and Renewables

Investment Preferences

  • Preferred Industries

    Commercial Services, Commercial Transportation, Energy Production, Energy Services, Metals, Minerals and Mining, Other Business Products and Services, Other Financial Services

  • Geographical Preference

    Africa, Asia, Australia, Europe, Middle East, North America, South America

  • Preferred Deal Types

    Buyout/LBO, Debt – General, Mezzanine, PE Growth/Expansion, PIPE, Secondary Buyout

  • Other Investment Preferences

    Prefers majority stake, Seeks ESG investments, Seeks Impact investments, Will syndicate

Investments By Year

Source: Pitchbook

Funds Closed

EIG Global Project Fund V
Vintage: 2020

Size: $1.1B

Dry Powder: $618.6M 

Details: The fund focuses on direct lending & investments in energy & infrastructure, midstream, power, renewable energy

EIG Energy Transition Fund
Vintage: 2020

Size: $278.1M

Dry Powder: $125.1M

Details: The fund targets investments in the energy sector

Cardinal Energy Fund
Vintage: 2020

Size: NA

Dry Powder: NA

Details: The fund primarily invests in oil & gas sector

Investments By Industry

Investments By Region

Source: Pitchbook

Key Investments

In March 2023, Ib Vogt, via its financial sponsors EIG Global Energy Partners and DIF Capital Partners, acquired a 720MW solar plus storage portfolio from Enso Green Holdings Limited for an undisclosed amount in the UK

In February 2023, Industrial Sun secured $90 million of development capital from EIG Global Energy Partners and Modern Energy. The investment will allow Industrial Sun to deepen its relationship with Modern Energy and participate in scaling a promising clean energy platform. Industrial Sun develops alternative renewable energy systems intended to serve refineries, pumping and compression stations, manufacturing and processing plants, terminals, and data centers

In February 2023, Powerfield secured c.€500 million development capital from a funding round led by EIG Global Energy Partners. The funds will be used for the further development of an integrated platform on which solar parks, charging stations for EVs and batteries complement each other. Powerfield specializes in the development of solar plants, energy storage in batteries and charging technology in EVs

In December 202, ILOS Projects secured a $531 million structured finance facility from EIG. The facility is expected to support ILOS’ plans to generate more than 2GW of power through solar and BESS projects by 2026. ILOS Projects is a developer of solar power projects across Europe

In July 2022, Opdenergy, an independent renewable energy producer, closed a $255 million corporate debt facility from EIG and Generali Global Infrastructure to redeem outstanding bonds and finance its growth projects

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’s portfolio includes 110MW of hydroelectric power projects, comprising operating plants plus projects 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-fuel projects in the US, Chile and Australia. Highly Innovative Fuels is a developer and operator of e-fuel plants

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

In January 2022, 8minute Solar Energy, a developer of solar PV and storage projects received $400 million of development capital from EIG Global Energy Partners. The investment will allow the company to focus on technology innovation and advanced solar plant design, and to begin building projects on its own balance sheet

Other Details

The firm invests in the oil & gas, midstream, infrastructure, power and renewables sectors globally. It has committed $44.6 billion to the energy sector through over 396 projects or companies in 42 countries across 6 continents. The firm has 62 investment professionals operating from 7 offices globally.

EIG’s clients include many of the leading pension plans, insurance companies, endowments, foundations and sovereign wealth funds in the US, Asia and Europe. The company’s latest open fund is EOC Partners Co-invest Fund V, a co-investment fund managed by EIG Global Energy Partners.The fund is located in Houston, Texas.

Abengoa, Abu Dhabi Investment Authority, Barclays, Alfa (Mexico), Chrysaor Holdings, GE Energy Financial Services, Greenko Group, Jonah Energy, TPG, Wells Fargo, J.P. Morgan, GIC (Singapore), The Blackstone Group, Wells Fargo, Warwick Capital Partners, Triangle Peak Partners, Tailwater Capital, The Carlyle Group are some of the co-investors who invest alongside EIG Global Energy Partners.

Source: Pitchbook, Company Website, Press Release