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New Deal


Announced

EIG to acquire 10% interest in APLNG from Origin Energy for $1.6bn.

Financials

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Transaction Value£1,158m
Consideration TypeCash
Capital Owned-
Capital Bid For10%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Cross Border

Private Equity

Private

Australia

Gas Distribution

Minority

Acquisition

natural gas

Pending

Friendly

Single Bidder

Synopsis

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EIG, an institutional investor, agreed to acquire 10% interest in APLNG, a producer of natural gas, from Origin Energy, an energy company, for $1.6bn. “This is a groundbreaking transaction that reflects our strong confidence in the asset, our partners, and the importance of LNG as a critical enabler of the energy transition. The transaction leverages EIG’s extensive experience in global LNG to deliver an attractive, steady stream of cash flows for our investors,” R Blair Thomas, EIG Chairman and CEO.

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