Investment Summary

EIG Partners Invests In Midship Pipeline

On May 19, 2017, asset manager EIG Partners invested in oil/gas exploration company Midship Pipeline

Investment Highlights
  • This is EIG Partners’ 10th transaction in the Oil/Gas Exploration sector.
  • This is EIG Partners’ 18th transaction in the United States.
  • This is EIG Partners’ 2nd transaction in Oklahoma.

Investment Summary
Date 2017-05-19
Target Midship Pipeline
Sector Oil/Gas Exploration
Investor(s) EIG Partners
Deal Type Growth Capital
Advisor(s) Credit Suisse Investment Banking (Financial)

Target

Midship Pipeline

Oklahoma City, Oklahoma, United States
Midship Pipeline is a natural gas pipeline project to create a new firm transportation capacity of up to 1,440,000 Dth/d connecting new gas production from the emerging STACK and SCOOP plays in the Anadarko Basin in Oklahoma to growing Gulf Coast and Southeast markets via deliveries to existing pipelines (“Midship Project”).

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Investor(S) 1

Investor

EIG Partners

Investor Investor Investor Investor Investor

Category Asset Manager
Founded 1982
PE ASSETS 39.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

EIG Global Energy Partners specializes in private investments in energy and energy-related infrastructure around the world. Specific areas of interest include upstream oil and gas, midstream, power generation, renewables, and related infrastructure. EIG manages a variety of funds that provide hybrid debt and structured equity financing solutions to energy projects and companies. The Firm also offers credit/direct lending vehicles that target higher credit-quality project finance instruments. EIG Global Energy Partners is headquartered in Washington, District of Columbia.

DEAL STATS #
Overall 28 of 55
Sector (Oil/Gas Exploration) 10 of 21
Type (Growth Capital) 1 of 4
State (Oklahoma) 2 of 3
Country (United States) 18 of 34
Year (2017) 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-28 ELC

Savannah, Georgia, United States

ELC is an LNG liquefaction facility located near Savannah, Georgia. ELC began full commercial operations in August 2020 and is comprised of 10 Movable Modular Liquefaction Units with a nameplate capacity of approximately 2.5 million tons per annum of liquefied natural gas (LNG) for export, which is equivalent to approximately 350 million cubic feet (MMcf) per day of natural gas.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-13 ARB Midstream

Denver, Colorado, United States

ARB Midstream is a growth-oriented company providing crude oil and gas liquids midstream and marketing/logistics solutions in North America. ARB Midstream was founded in 2014 and is headquartered in Denver, Colorado.

Buy -
Mergr

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