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

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.