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EIG Global Energy Partners raises $1.1bn

EIG Global Project Fund V holds final close.

By
Omar Alam
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  • Fund name: EIG Global Project Fund V
  • Amount raised: $1.1 billion
  • Target size: $750 million
  • Stage of fundraising: Final close
  • Final close date: May 2020
  • Predecessor Fund: EIG Global Project Fund IV

EIG Global Energy Partners (EIG) held a final close on their EIG Global Project Fund V at $1.1 billion, well above its $750 million target. The fund will follow a direct lending strategy with a focus on midstream energy, power generation, renewable energy and other related infrastructure investments on a global level. The firm hopes to find new opportunities in green energy production.