EIG | Jotup

New UK Independent Power Producer Created with Investment from EIG

Retrieved on:

Tuesday, August 31, 2021

EIG is delighted to partner with this incredible team and to be a part of West Burton Energys exciting next chapter.

Key Points:

EIG is delighted to partner with this incredible team and to be a part of West Burton Energys exciting next chapter.
Cantor Fitzgerald acted as financial advisor to EIG in connection with the transaction, and White & Case served as legal advisor.
West Burton Energy is a newly formed independent power producer and a leading supplier of electricity in the United Kingdom.
EIG is a leading institutional investor to the global energy sector with $22.5 billion under management as of June 30, 2021.

Harbert Discovery Fund Issues Letter to Chairman of the Board of Directors, Global Indemnity Group, LLC

Retrieved on:

Thursday, August 12, 2021

MAKE, THIS, AFG, THG, PRICE, HCI, Letter, Growth, TIME, Sale, Book value, Industry, Corporation, RLI, ANY, Company, Risk, NOR, Employment, Human, AIZ, Share repurchase, CAN, EIG, DOES, OR, WRB, THE, UPDATE, CB, Light, AN, HDF, LLC, Intention, Insurance, Conference, Board, Investment, TRV, NWP, MKL, ARGO, Tax, Environment, Bloomberg, Russell, Consultant, Acquisition, HMC, KMPR, ORI, SELL, Management, Bank, Financial adviser, Online shopping, Risk management, Security (finance), Music

Shareholders expect much greater transparency into the business, in addition to a more shareholder friendly capital allocation strategy.

Key Points:

Shareholders expect much greater transparency into the business, in addition to a more shareholder friendly capital allocation strategy.
Following are a list of questions that we expect you, management, and the Board to address at the upcoming Investor Day.
Why is GBLI underperforming to such a significant degree during the best environment for the industry in years?
Kenan Lucas, Managing Director and Portfolio Manager of Harbert Discovery Fund GP, LLC
THIS STATEMENT CONTAINS OUR CURRENT VIEWS ON THE VALUE OF SECURITIES OF GLOBAL INDEMNITY GROUP, LLC (GBLI).

Employers Holdings, Inc. Names John Mutschink as Executive Vice President

Retrieved on:

Monday, August 9, 2021

Employers Holdings, Inc. (NYSE:EIG) Americas small business insurance specialist, today announced the appointment of John Mutschink as executive vice president and chief administrative officer.

Key Points:

Employers Holdings, Inc. (NYSE:EIG) Americas small business insurance specialist, today announced the appointment of John Mutschink as executive vice president and chief administrative officer.
Mutschink joined EMPLOYERS as senior vice president and chief human resources officer in November 2019.
Prior to joining EMPLOYERS, he held a wide range of HR roles in technology companies such as Hewlett Packard, Intuit and Maxim Integrated.
Insurance is offered through Employers Insurance Company of Nevada, Employers Compensation Insurance Company, Employers Preferred Insurance Company, Employers Assurance Company, and Cerity Insurance Company, all rated A- (Excellent) by the A.M. Best Company.

EIG-Led Consortium Closes $12.4 Billion Infrastructure Deal with Aramco

Retrieved on:

Friday, June 18, 2021

Engineering, Energy, Manufacturing, Oil, Gas, Companies of Saudi Arabia, Economic history of Saudi Arabia, Dhahran, Saudi Aramco, Europe India Gateway, Economy, EIG, Companies, Institutional Investor, EIG, Aramco, EIG, ARAMCO

R. Blair Thomas, EIG Chairman and CEO, said: We are pleased to have completed this transaction with Aramco, a preeminent global energy supplier.

Key Points:

R. Blair Thomas, EIG Chairman and CEO, said: We are pleased to have completed this transaction with Aramco, a preeminent global energy supplier.
The caliber of this marquee global infrastructure asset is further evidenced by the leading investors that have invested alongside EIG.
We are honored to be working with this world-class consortium and look forward to a long-term, fruitful partnership.
EIG is a leading institutional investor to the global energy sector with $21.7 billion under management as of March 31, 2021.

DGAP-News: AURELIUS unites its multinational photo and video businesses under a new umbrella brand European Imaging Group

Retrieved on:

Tuesday, May 25, 2021

EIG, Europe India Gateway, Aurelius Group

Munich/London, May 25, 2021 - AURELIUS Equity Opportunities SE & Co. KGaA (ISIN DE000A0JK2A8) today announced the launch of the European Imaging Group (EIG) as the umbrella brand for its photo and video businesses.

Key Points:

Munich/London, May 25, 2021 - AURELIUS Equity Opportunities SE & Co. KGaA (ISIN DE000A0JK2A8) today announced the launch of the European Imaging Group (EIG) as the umbrella brand for its photo and video businesses.
Calumet was acquired by AURELIUS in 2016, Wex Photo Video in 2017 and Foto-Video Sauter at the end of 2018.
EIG is Europe's leading omnichannel vendor of photographic and video equipment, catering to enthusiasts and professionals alike.
With its group charity AURELIUS Refugee Initiative e.V., AURELIUS provides comprehensive support for refugees on their way towards a better life.

Erickson Immigration Group Adds New Offices In Ireland And Singapore

Retrieved on:

Thursday, May 20, 2021

Bharti Airtel, Europe India Gateway, MTN Group, EIG

b'ARLINGTON,Va., May 20, 2021 /PRNewswire/ --Erickson Immigration Group ("EIG"), a leading business immigration law firm, expands its international footprint with two new offices Dublin, Ireland, and Singapore.

Key Points:

b'ARLINGTON,Va., May 20, 2021 /PRNewswire/ --Erickson Immigration Group ("EIG"), a leading business immigration law firm, expands its international footprint with two new offices Dublin, Ireland, and Singapore.
These new locations reflect EIG\'s commitment to real-time client service and its global growth strategy in major international markets.\nErickson Immigration Group opens new offices in Dublin, Ireland and Singapore, to serve as new EMEA and APAC hubs.\n"The expansion to Singapore and Dublin further enhances EIG\'s high-touch client service model, to continue to meet the demands of an ever-changing global workforce.
These offices will strategically serve as our EMEA and APAC hubs," said Jerry Erickson, Founder and Principal of EIG.\nAs businesses and employees navigate an interconnected and global future, EIG is practicing immigration with intention.
EIG provides comprehensive business immigration, global migration, and compliance solutions that enable companies to hire the best and brightest talent from around the world.

EIG Signs $12.4 Billion Infrastructure Deal with Aramco

Retrieved on:

Friday, April 9, 2021

Energy, Other Energy, Utilities, Oil, Gas, Companies of Saudi Arabia, Economic history of Saudi Arabia, Dhahran, Saudi Aramco, Saudi Arabia, Oil and gas companies, Geography of Saudi Arabia, EIG, Aramco

The transaction is valued at approximately $12.4 billion with Aramco holding the remaining 51% stake in the new entity, indicating a total equity value of Aramco Oil Pipelines of approximately $25.3 billion.

Key Points:

The transaction is valued at approximately $12.4 billion with Aramco holding the remaining 51% stake in the new entity, indicating a total equity value of Aramco Oil Pipelines of approximately $25.3 billion.
As part of the transaction, Aramco will lease the usage rights in its stabilized crude oil pipelines network to Aramco Oil Pipelines, and Aramco Oil Pipelines will grant back to Aramco the exclusive right to use, transport through, operate and maintain the pipeline network during the 25-year period in exchange for a quarterly, volume-based tariff, payable by Aramco.
Aramco will at all times retain title to, and operational control of, the pipeline network and will assume all operating and capital expense risk.
EIG is a leading institutional investor to the global energy sector with $22.0 billion under management as of December 31, 2020.

Fortescue and EIG-Backed Companies Sign MoU to Explore Joint Development of Green Hydrogen Plant in Brazil

Retrieved on:

Tuesday, March 16, 2021

The MoU also lays the groundwork for onsite solar power and offshore wind development projects in the states of Rio de Janeiro and Espirito Santo.

Key Points:

The MoU also lays the groundwork for onsite solar power and offshore wind development projects in the states of Rio de Janeiro and Espirito Santo.
The proposed green hydrogen plant would have 300 megawatts of capacity with potential to produce 250,000 metric tons of green ammonia.
The availability of green hydrogen and renewable power is expected to drive further sustainable industrialization at the Port, including production of green steel, fertilizers, chemicals, fuels, and other sustainably manufactured industrial products.
If the project moves forward, it will accelerate the decarbonization of hard-to-abate sectors such as transportation, manufacturing, and heavy industry.

Limetree Bay Ventures Commences Refinery Startup Operations

Retrieved on:

Monday, February 1, 2021

Limetree Bay Ventures, LLC (Limetree or the Company), a world-class refinery, terminal and logistics hub controlled by EIG Global Energy Partners (EIG), today announced that Limetree Bay Refining (the Refinery) has successfully resumed operations and begun production and commercial sales of refined products.

Key Points:

Limetree Bay Ventures, LLC (Limetree or the Company), a world-class refinery, terminal and logistics hub controlled by EIG Global Energy Partners (EIG), today announced that Limetree Bay Refining (the Refinery) has successfully resumed operations and begun production and commercial sales of refined products.
Jeffrey Rinker, Chief Executive Officer of Limetree, commented, We are thrilled to commence operations and begin producing quality fuels for our customers.
Limetree Bay Ventures, LLC is a large-scale energy complex strategically located in St. Croix, U.S. Virgin Islands.
The complex consists of Limetree Bay Refining, a refinery with peak processing capacity of over 200,000 barrels of petroleum feedstock per day, and Limetree Bay Terminal, a 34-million-barrel crude and petroleum products storage and marine terminal facility serving the refinery and third-party customers.

Maverick Natural Resources Acquires FourPoint Energy

Retrieved on:

Wednesday, December 2, 2020

Technology, Energy, Data management, Oil, Gas, Record labels, Madonna, Maverick, Maverick Natural Resources, LLC, EIG

Maverick Natural Resources, LLC (Maverick or the Company) announced today that it has acquired FourPoint Energy, LLC (FourPoint), the largest producer in the Western Anadarko Basin.

Key Points:

Maverick Natural Resources, LLC (Maverick or the Company) announced today that it has acquired FourPoint Energy, LLC (FourPoint), the largest producer in the Western Anadarko Basin.
In conjunction with the all-equity merger, FourPoint became a wholly owned subsidiary of Maverick and was renamed Unbridled Resources, LLC (Unbridled).
Both Maverick and FourPoint are majority controlled by EIG Global Energy Partners (EIG) managed funds.
By renaming FourPoint Energy to Unbridled Resources, we are signaling a shift from the traditional shale model to Mavericks margin-focused operational strategy.