Origin Energy suitor EIG nabs stakes in three major LNG projects

EIG, the private equity group which partnered with Brookfield for a failed $20 billion takeover of Origin Energy, has secured a foothold in Australia’s gas sector, taking a minority stake in three large projects across Queensland and Western Australia.

The Washington-based group said it would also open an office in Perth to oversee its investments in Woodside Energy’s Pluto LNG, Chevron’s monster Gorgon venture and Shell’s Queensland Curtis project.