Pankaj44. EIG Global Energy Partners
Headquarters: Washington, D.C.
Bought By: China Investment Corp
Headquarters: Beijing, China
Back in 2012, EIG Global Energy Partners were the latest in a long line of companies gratefully receiving help from Chinese investors. China Investment Group acquired a minority stake in the Washington-based company. It’s not known how big the stake was purchased by the CIC, or how much they spent.
However, CIC is known for opening up its wallet when needed. Months before investing in EIG, it paid $240 million for 25% of South Africa’s Shanduka Group. The Group also holds shares in the UK company Thames Water which are likely worth between £600-700 million.