EIG Global Energy Partners
EIG pays $1.6b for 10% stake in Australia Pacific LNG
Energy and infrastructure investor EIG has acquired a 10% stake in Australia’s largest coal seam gas producer from domestic utility Origin Energy for A$2.12 billion ($1.59 billion).
Australia's Santos rejects EIG buyout offer
Australia-listed oil and gas supplier Santos has rejected a buyout offer from EIG Global Energy Partners backed by China-based private equity firm Hony Capital and gas distributor ENN Group. The deal would have valued the company at up to $10.9 billion.
Hony backs $7.8b EIG bid for Australia's Santos
EIG Global Energy Partners has made a $10.4 billion buyout offer for Australia-listed oil and gas supplier Santos. It is supported by two Chinese groups, private equity firm Hony Capital and gas distributor ENN Group.
EIG supports Australia’s Senex
EIG Global Energy Partners has invested in Senex Energy and will partner with the Australian oil and gas producer on several of its projects.
EIG hires KKR's Rex Chung as co-head of Asia
EIG Global Energy Partners has hired Rex Chung, formerly of KKR, as managing director and co-head of Asia. He will be based in Hong Kong.
GIC to buy Indian renewable energy platform Greenko
Singapore’s GIC Private has agreed to acquire Greenko, an India-focused renewable energy developer that has previously received funding from the likes of TPG Capital and EIG Global Energy Partners.
EIG hires CIC’s oil and gas head to lead Hong Kong office
EIG Global Energy Partners has hired Yangyang Liu, formerly of China Investment Corporation (CIC) as managing director in its recently-established Hong Kong office.
EIG invests $125m in Indian renewables player Greenko
EIG Global Energy Partners has invested $125 million in Greenko, an India-focused renewable energy developer that has previously received funding from the likes of GIC Private and TPG Capital.
Noble Group, EIG form energy joint venture
Private equity firm EIG Global Energy Partners has teamed up with Asia-based agriculture and energy supply chain manager Noble Group to acquire and operate upstream and mid-stream energy assets.
EIG raises $6b for global energy fund
EIG Global Energy Partners has reached a final close of $6 billion for its Energy Fund XVI after just 10 months in the market. The fund had a target of $4.25 billion.
CIC gets $30b government injection
China Investment Corp. (CIC) has received an additional injection of $30 billion from the Chinese government. The new capital will give the sovereign fund the firepower to invest overseas, particularly in Europe.
Sunshine Oilsands down 4.3% on its IPO price in early trading
Canadian oil explorer Sunshine Oilsands ended its first morning of trading in Hong Kong down 4.3% on its IPO price. The sluggish performance was expected, largely due to delays in the offering process and negative income streams.
CIC, Sinopec commit $300m to Sunshine Oilsands IPO
China Investment Corp (CIC) and China Petrochemical Corp. (Sinopec) are among three cornerstone investors to pledge $350 million to Sunshine Oilsands' Hong Kong listing. The news comes a few days after the company said it would postpone its IPO to allow...