EIG’s MidOcean Energy Announces Strategic Investment from Mitsubishi Corporation
MidOcean Energy (“MidOcean”), a global liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced a strategic investment by Mitsubishi Corporation (“Mitsubishi Corp”).
- MidOcean Energy (“MidOcean”), a global liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced a strategic investment by Mitsubishi Corporation (“Mitsubishi Corp”).
- Mitsubishi Corp’s investment will accelerate MidOcean’s strategy to create a high quality, diversified, global ‘pure play’ integrated LNG company.
- Mitsubishi Corp has been an active player in the LNG sector for over 50 years, with investments spanning 12 projects across eight countries.
- De la Rey Venter, MidOcean Energy’s CEO, said: “We are thrilled to have Mitsubishi Corp join as an anchor investor in MidOcean Energy.