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EIG Strikes Nearly $1.6B Deal for Stake in Australian LNG Project

EIG Strikes Nearly $1.6B Deal for Stake in Australian LNG Project

EIG Global Energy Partners, a private equity firm that specializes in investments in energy infrastructure, agreed on Monday to pay Origin Energy Ltd $1.59 billion for a minority stake in Australia Pacific LNG Pty Limited, a joint venture with ConocoPhillips and Sinopec.   The liquefied natural gas (LNG) project is the largest by liquefaction capacity on…

October 26, 2021