Investment Summary

EIG Partners Invests In Sitio Royalties

On September 22, 2022, asset manager EIG Partners invested in oil/gas exploration company Sitio Royalties

Investment Highlights
  • This is EIG Partners’ 19th transaction in the Oil/Gas Exploration sector.
  • This is EIG Partners’ 33rd transaction in the United States.
  • This is EIG Partners’ 6th transaction in Colorado.

Investment Summary

Date 2022-09-22
Target Sitio Royalties
Sector Oil/Gas Exploration
Investor(s) EIG Partners
Deal Type Stake Purchase

Target

Sitio Royalties

Denver, Colorado, United States
Sitio Royalties acquires, owns, and manages mineral and royalty interests across a diverse set of operators in unconventional basins within the United States with a specific focus on the Permian Basin. Sitio Royalties was formed in 2016 and is headquartered in Denver, Colorado.

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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 53 of 55
Sector: Oil/Gas Exploration M&A 19 of 21
Type: Stake Purchase M&A Deals 16 of 16
State: Colorado M&A 6 of 6
Country: United States M&A 33 of 34
Year: 2022 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-08 Wattbridge

Houston, Texas, United States

Wattbridge is an independent power producer that serves as a bridge between emissions-intensive power generation and a fully renewable future, WattBridge works to solve intermittency challenges and enable wind and solar energy growth. Wattbridge was formed in 2019 and is headquartered in Houston, Texas.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-02 Repsol Upstream

United States

Repsol Upstream is a gas-weighted exploration & production company comprising Repsol’s entire global upstream oil and gas business. Repsol Upstream owns and operates Repsol’s globally diversified portfolio of upstream assets.

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