EIG Global Energy Partners Company Overview

Author

Reads 10K

Vibrant Easter-themed composition with a pink egg, feathers, and tiles spelling 'EASTER' on blue background.
Credit: pexels.com, Vibrant Easter-themed composition with a pink egg, feathers, and tiles spelling 'EASTER' on blue background.

EIG Global Energy Partners is a leading energy-focused private investment firm with a strong track record of success. They have a dedicated team of professionals with a deep understanding of the energy sector.

EIG Global Energy Partners was founded in 1993 and has since grown to become one of the largest energy-focused private investment firms in the world. They have a global presence with offices in over 10 countries.

Their investment approach is focused on providing long-term capital to the energy sector, with a focus on oil and gas, power, and renewable energy projects. They have a diverse portfolio of investments across the globe.

Company News

Noble Group Limited and EIG Global Energy Partners formed a new energy company called Harbour Energy, Ltd in July 2014.

Harbour Energy, Ltd was formed through the commitment of Noble Group Limited and EIG Global Energy Partners to capitalize the company. Gateway Energy & Resource Holdings, LLC, a company focused on investments in global energy, resources, and related sectors, was previously known as TCW Energy Partners, LLC.

EIG Global Energy Partners has invested in various companies, including HIF Global, which plans to build 12 commercial sites in Texas.

Explore further: Allcargo Gati Ltd

Noble Group Forms New Company

People in the Office Discussing a Project
Credit: pexels.com, People in the Office Discussing a Project

Noble Group Limited (SGX: N21) and EIG Global Energy Partners announced the formation of Harbour Energy, Ltd.

They made this announcement on July 14, 2014.

Noble Group Limited and EIG Global Energy Partners are behind this new company.

Gateway Energy & Resource Holdings, LLC, a company focused on investments in global energy, resources and related sectors, played a significant role in this new venture.

Noble Group Limited and EIG Global Energy Partners announced their commitment to capitalize Harbour Energy, Ltd.

This partnership aims to provide a new platform for energy investments.

Noble Group Limited (SGX: N21) and EIG Global Energy Partners have a strong foundation for this new company.

Their announcement was made on July 14, 2014, and it marked the beginning of a new chapter in the energy sector.

Gateway Energy & Resource Holdings, LLC, formerly known as TCW Energy Partners, LLC, has expertise in global energy investments.

Noble Group Limited and EIG Global Energy Partners are counting on this expertise to drive Harbour Energy, Ltd's success.

Their commitment to capitalize Harbour Energy, Ltd is a significant step towards achieving their goals.

This new company is expected to make a positive impact in the energy sector.

You might like: Noble Energy

CFO of whom?

Wind turbines generating renewable energy in a rural Lithuanian landscape under a cloudy sky.
Credit: pexels.com, Wind turbines generating renewable energy in a rural Lithuanian landscape under a cloudy sky.

The CFO of EIG Global Energy Partners is Steven O'Neill.

Financial Information

EIG Global Energy Partners has a substantial estimated annual revenue of $99.2M per year.

Their revenue per employee is a staggering $288,290.

This suggests that the company operates efficiently, with a high revenue output per employee.

In 2011, EIG Global Energy Partners announced a $100 million secured term loan facility due in 2016, indicating the company's ability to secure significant funding for its operations.

Here's a quick snapshot of EIG Global Energy Partners's financial information:

Estimated Revenue & Valuation

EIG Global Energy Partners's estimated annual revenue is currently $99.2M per year.

This is a significant amount of money, and it's interesting to note that it's not just a one-time figure, but an annual revenue.

EIG Global Energy Partners's estimated revenue per employee is $288,290.

Broaden your view: Per Aarsleff

Announces Syndicated Loan Offering

EIG Global Energy Partners announced a $100 million secured term loan facility due in 2016.

This loan facility was part of a syndicated loan offering, which means multiple investors were involved in providing the funds.

The announcement was made on May 11, 2011, at 09:34 ET.

Industry and Competitors

Credit: youtube.com, Investor Insights Ep 21: Jeannie Powers, EIG Global Energy Partners

EIG Global Energy Partners operates in a competitive industry, with several notable competitors. EIG Global Energy Partners has a revenue of $99.2M, significantly higher than most of its competitors.

The Carlyle Group, for example, has a revenue of $8300M, making it one of the largest competitors in the industry. Investment Advisory Services has a revenue of $6.7M, while Washington Analysis has a revenue of $6.4M.

Here are some key statistics about EIG Global Energy Partners' competitors:

Competitors & Alternatives

In the competitive world of EIG Global Energy Partners, several companies are vying for market share. One of the biggest competitors is Washington Analysis, with a revenue of $6.4M and 35 employees.

The Carlyle Group has a significantly larger revenue of $8300M and a massive 2825 employees. This is a stark contrast to some of the smaller competitors.

Compass Point Research, another competitor, has a revenue of $8.4M and 46 employees. The company has experienced a relatively slow employee growth rate of 2%.

Recommended read: Sempra Energy Employees

Credit: youtube.com, Your competitor is not your enemy Ft. Christopher Murphy | Alternative Products Podcast

LCA Corp. has a revenue of $5.8M and 32 employees, with a 7% employee growth rate. Investment Advisory Services has a revenue of $6.7M and 37 employees, with a notable 28% employee growth rate.

AFL-CIO Housing Investment Trust has a revenue of $14.7M and 72 employees, with an 11% employee growth rate. Georgetown College has a revenue of $40.5M and 162 employees, but has experienced a decline in employee numbers, with a -16% growth rate.

EIG Global Energy Partners, the company in question, has a revenue of $99.2M and 344 employees, with a 7% employee growth rate.

Here's a list of the top 10 competitors and their key statistics:

Industry Benchmark

Comparing your company's performance to industry benchmarks can be a great way to gauge how you're doing. EIG Global Energy Partners's score of 29 is lower than 53% of the industry.

This means that 53% of companies in the industry are performing better than EIG Global Energy Partners.

Emissions and Performance

Credit: youtube.com, Investor Insights Ep8: Emily Rodgers, EIG Global Energy Partners

EIG Global Energy Partners has made significant strides in reducing its carbon footprint. In 2023, the company reported total Scope 1 and 2 emissions of approximately 13,831,445,000 kg CO2e, a decrease from 19,623,752,000 kg CO2e in 2022.

This reduction is a positive trend in emissions reduction efforts, indicating the company's proactive approach to addressing its carbon footprint. EIG has committed to offsetting 100% of its Scope 3 emissions from business travel by utilising verified carbon credits, starting in 2025.

The company's emissions data is solely reflective of its own operations, without any cascading from a parent organisation.

Related reading: Carbon Engineering

Reported Carbon Emissions

EIG Global Energy Partners reported total Scope 1 and 2 emissions of approximately 13,831,445,000 kg CO2e in 2023.

This figure represents a significant decrease from 19,623,752,000 kg CO2e in 2022, indicating a positive trend in emissions reduction efforts.

The company has not disclosed specific Scope 3 emissions data for these years, but has committed to offsetting 100% of its Scope 3 emissions from business travel by utilising verified carbon credits, starting in 2025.

EIG's emissions data is not cascaded from any parent organisation, ensuring that the reported figures are solely reflective of its own operations.

The company continues to focus on enhancing its sustainability practices and reducing its overall environmental impact.

Dec 02, 2013

Credit: youtube.com, Managing Odour Complaints -December 2nd, 2013 - Lunch'n'Learn:

Dec 02, 2013, marked a significant day for EIG Global Energy Partners, as they announced the final close of Energy Fund XVI, their most recent flagship investment.

EIG successfully closed Energy Fund XVI, a major milestone for the firm.

This achievement demonstrates the company's ability to secure significant investments, a key aspect of their business model.

Definitions and Codes

EIG Global Energy Partners is a company that can be classified using various codes. The NAICS code for EIG Global Energy Partners is 5239, 52399, 52, or 523.

NAICS codes are used for business classification, and EIG Global Energy Partners falls under the category of Investment Offices. These codes are helpful for businesses and researchers alike.

The SIC code for EIG Global Energy Partners is 62, 628, or 621.

NAICS Code

NAICS Code is a system used by the US government to classify businesses by their industry and type of activity. The codes are used for statistical purposes, such as tracking economic data and providing business information.

EIG Global Energy Partners has multiple NAICS codes, including 5239, 52399, 52, and 523. These codes indicate the company's involvement in various energy-related activities.

SIC Code Definition

Credit: youtube.com, What Are SIC Codes & What Are They Used For?

The SIC code is a classification system used to identify industries and businesses.

EIG Global Energy Partners has SIC codes of 62, 628, and 621.

The SIC code is used by the US government to categorize businesses for statistical and regulatory purposes.

EIG Global Energy Partners' SIC codes are [62, 628, 621].

What Is

So, what is a definition? A definition is a statement that explains the meaning of a word or phrase. It's a way to clearly understand what something is.

The International Organization for Standardization (ISO) defines a code as a set of rules or conventions used to represent information in a specific format. This can include things like numbers, letters, or symbols.

A code is used to ensure consistency and accuracy in communication. It helps to prevent errors and misinterpretations.

The ISO 639-1 standard defines a code as a unique identifier for a language. This code is used to represent the language in a specific format, such as a two-letter code.

Curious to learn more? Check out: Standard Oil Company Simple Definition Us History

Credit: youtube.com, Article 100 Definitions - the gateway to the Code

Codes can be used in many different areas, including business, technology, and healthcare. They help to streamline communication and reduce errors.

In the ISO 3166-1 standard, a code is used to represent a country's name in a specific format, such as a two-letter or three-letter code. This code is used for international communication and trade.

Questions

What questions do you have about definitions and codes? Let's dive in.

Definitions are often clear and concise, but codes can be more complex and open to interpretation. In fact, the article explains that codes can be ambiguous, leading to confusion.

What's the difference between a definition and a code? A definition is a clear and concise statement of what something means, whereas a code is a set of rules or guidelines that govern behavior.

Do you have to follow codes? Yes, codes are often mandatory and must be followed to avoid fines or penalties. For example, the article mentions that tax codes are strict and must be followed to avoid audits.

Discover the efficiency of solar energy with this aerial shot of solar panels on a rooftop.
Credit: pexels.com, Discover the efficiency of solar energy with this aerial shot of solar panels on a rooftop.

Can codes be changed? Yes, codes can be updated or revised, but this can be a complex process. The article notes that changes to tax codes can have significant impacts on businesses and individuals.

How do codes affect everyday life? Codes can have a significant impact on our daily lives, from tax codes to building codes. For example, the article explains that building codes dictate the safety features of a building.

Curious to learn more? Check out: Captive Insurance Company Tax Benefits

Private Equity Operations

EIG Global Energy Partners is a leading institutional investor to the global energy sector with $9.2 billion under management as of September 30, 2011.

EIG specializes in private investments in global energy, resources, and related infrastructure. They have a 29-year history of investing over $13 billion in the sector through more than 260 projects or companies in 33 countries on 6 continents.

EIG's clients include many of the leading pension plans, insurance companies, endowments, foundations, and sovereign wealth funds in the U.S., Asia, and Europe. They have offices in Washington, DC, Houston, London, Sydney, and Hong Kong.

News

Credit: youtube.com, Bill Sonneborn on the State of Energy Investing

EIG Global Energy Partners has a significant presence in Mexico, where the company's former Country Head originated several investment opportunities.

The company has also been involved in projects in Texas, with HIF Global planning to build 12 commercial sites in the state.

EIG Global Energy Partners is a leading institutional investor to the global energy and infrastructure sectors.

The company has partnered with Fluxys, a Belgian energy infrastructure company, on several occasions.

Timeline

Tito Vidaurri joined EIG Global Energy Partners as Mexico Country Head on December 1, 2014.

EIG Global Energy Partners announced Tito Vidaurri's new role on December 1, 2014.

Tito Vidaurri started working at EIG Global Energy Partners on December 1, 2014.

Frequently Asked Questions

Who is the owner of EIG Global Energy Partners?

EIG Global Energy Partners is led by its partners, R. Blair Thomas and Randall S. Wade. The firm has partnered with over 400 energy companies across 42 countries worldwide.

What is an EIG partner?

EIG Global Energy Partners is an American investment firm that focuses on energy sector investments. It has offices in major cities worldwide, including Washington D.C., Hong Kong, and London.

Where is EIG Global Energy Partners headquarters?

EIG Global Energy Partners is headquartered in Washington, D.C. with a global presence in multiple international locations.

Teri Little

Writer

Teri Little is a seasoned writer with a passion for delivering insightful and engaging content to readers worldwide. With a keen eye for detail and a knack for storytelling, Teri has established herself as a trusted voice in the realm of financial markets news. Her articles have been featured in various publications, offering readers a unique perspective on market trends, economic analysis, and industry insights.

Love What You Read? Stay Updated!

Join our community for insights, tips, and more.