Fundz

EIG Raises $1.1 Billion for Global Project Fund V

PRIVATEMay 18, 2020

Amount Raised

$1 Billion

Round Type

Funding Round

United StatesEnergyOil And GasRenewable Energy

Description

EIG Global Energy Partners (EIG) announced today the successful final close of EIG Global Project Fund V (GPF V or the Fund) with total commitments of $1.1 billion, nearly 50% higher than the Fund’s $750 million target. EIG also raised an additional $1.5 billion of commitments in the form of separately managed accounts that will invest alongside GPF V. In total, since the first closing of GPF V in July 2019, EIG has raised $2.6 billion of commitments for its direct lending strategy. GPF V is a continuation of EIG’s platform for energy and infrastructure direct lending that invests across the full energy, midstream, power, renewable energy and infrastructure complex on a global basis

Quick answer

EIG raised $1 Billion in a Funding Round round, dated May 18, 2020. EIG is based in United States.

How much did EIG raise?
EIG raised $1 Billion in a Funding Round round on May 18, 2020.
What does EIG do?
EIG is a leading infrastructure investment firm specializing in energy and power sectors.
Where is EIG based and how big is it?
EIG is based in United States. Fundz records about 51 employees.
Who are the decision-makers at EIG?
Fundz holds 1 contact at EIG. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Oil And Gas around the same time

Companies in the same sectors as EIG that raised within 45 days of this round, from Fundz verified event records.

  • Polar Power raised $2.8M (Seed) on July 2, 2020.
  • Waste Energy Corp raised $62K (Pre-Seed) on June 16, 2020.
  • Global Atomic raised $311K (Seed) on June 4, 2020.
  • Flotek raised $12M on June 1, 2020.
  • Noble Plains Uranium raised $4K (Pre-Seed) on June 1, 2020.
  • Tankfarm raised $3M (Seed) on May 27, 2020.

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Company Information

Company

EIG

Location

United States

About

EIG is a leading infrastructure investment firm specializing in energy and power sectors. The company provides investment solutions that help clients address energy-related challenges while generating sustainable returns. With expertise in financing and platform-building, EIG is committed to supporting the growth of the energy market.

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Related People

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