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EIG Global Energy Partners

EIG Global Energy Partners (also known as EIG and EIG Partners) is an American investment firm headquartered in Washington, D.C. It focuses on investments in the energy sector. The firm has additional offices in Hong Kong, Houston, London, Rio de Janeiro, Seoul and Sydney.

In 2023, the firm was ranked by Infrastructure Investor (under Private Equity International) as the fifth largest infrastructure debt investment firm based on total fundraising over the most recent five-year period.

In 1982, the TCW Group (TCW) established its Energy & Infrastructure Group in Los Angeles. The purpose of it was to invest solely in companies or projects in energy-related infrastructure. This was by providing mezzanine debt and private equity to energy projects and companies mainly in OCED countries. It would also target one-off negotiated private transactions with small- and mid-cap energy companies.

In 2007, the Energy & Infrastructure Group founded TCW Energy Partners, a feeder fund that invests in EIG-managed funds and projects and only accepts investments from institutional investors. It was listed on GSTrUE, a private exchange managed by Goldman Sachs. Barry Cheung was a director of the fund.

In January 2011, TCW Energy & Infrastructure Group was spun off as an independent firm and was renamed to EIG Global Energy Partners. The stated reasons for the split was the energy team wanted to "own the upside" of their business and free themselves from regulatory red tape. EIG moved its headquarters from Los Angeles to Washington, D.C.

In June 2011, TCW Energy Partners was renamed to Gateway Energy & Resource (Gateway).

In February 2012, China Investment Corporation acquired an undisclosed minority stake in EIG.

In March 2012, EIG planned to list Gateway on the Hong Kong Stock Exchange to raise US$200 million and allow a larger range of investors to get exposure to EIG's investments. However it withdrew due to poor market conditions. In September 2012, another attempt to list was done In December 2012, China Development Bank and Gateway signed a letter of intent where Gateway would be acquired by the listing platform, China Development Bank International Investment which would allow Gateway to list on the Hong Kong Stock Exchange via backdoor listing. However, on August 7, 2013, the deal was terminated.

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