MidOcean Energy (MidOcean), a liquefied natural gas (LNG) company formed and managed by EIG, has announced an equity capital raise of more than US$1.2 billion. This equity raise includes a US$500 million commitment from Idemitsu Kosan, a highly respected global energy company with a long-standing presence across the energy value chain; and additional commitments of US$790 million from both new and existing investors.
Latham represents MidOcean in the transaction, with a team led by James McCrory, Jonathan Phay, Justin T. Stolte, Charles Carpenter, Evelyne Girio, and Hena Rupal. De
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