Tag: EIG

EIG appoints Abdulaziz Al-Gudaimi as Senior Advisor and Chairman of MENA Operations

EIG, a leading institutional investor in the global energy and infrastructure sectors, announced that Abdulaziz Al-Gudaimi has joined EIG as Senior Advisor and Chairman of EIG’s Middle East & North Africa (“MENA”) Operations. Al-Gudaimi, formerly Executive Vice President of Corporate Development at Saudi Aramco (“Aramco”), has over 38 years of experience in energy markets and…

EIG hires Joe Kaeser, former Siemens AG CEO, as Senior Advisor

EIG, a leading institutional investor in the global energy and infrastructure sectors, announced that Joe Kaeser, former President and Chief Executive Officer of Siemens AG (“Siemens”), has joined EIG as Senior Advisor. In this role, Kaeser will provide strategic counsel to the firm’s leadership team on matters related to global energy markets, with an emphasis…

EIG completes acquisition of 25% of Repsol’s entire global upstream business

EIG, a leading institutional investor in the global energy and infrastructure sectors, announced the completion of its acquisition of a 25% interest in Repsol Upstream, a newly-formed, gas-weighted exploration & production company comprising Repsol’s entire global upstream oil and gas business. Breakwater Energy, a wholly owned subsidiary of EIG, acquired the 25% interest in Repsol…

EIG Signs $12.4 Billion Infrastructure Deal with Aramco

EIG, an institutional investor to the global energy sector and infrastructure investor, has announced that it has entered into a lease and lease-back agreement with Saudi Arabian Oil Co. (“Aramco”), under which a consortium of investors led by EIG will acquire a 49% equity stake in Aramco Oil Pipelines Company, a newly formed entity with…