EIG to Acquire 49.87% Stake in Peruvian Energy Firm TGP
Deal News | Aug 11, 2025 | White & Case LLP
In a strategic acquisition, EIG, a prominent institutional investor in the global energy and infrastructure sectors, has agreed to acquire a 49.87% equity stake in Transportadora de Gas del Per S.A. (TGP). TGP is a key player in Peru's energy infrastructure, operating the country’s main natural gas and natural gas liquids pipelines, supplying nearly 40% of the country's power generation. This transaction marks a significant move for EIG, furthering its interests in the energy-rich regions of Peru. The acquisition is facilitated by the global law firm White & Case LLP, renowned for its specialized M&A legal expertise. A dedicated team led by M&A partner Bill Parish, alongside an international team of associates and partners, is overseeing the nuances of this complex deal. The move sees EIG purchasing the stake previously held by the Canada Pension Plan Investment Board, illustrating an intricate collaboration between North American and European legal expertise to navigate this cross-border investment.
Sectors
- Energy Infrastructure
- Legal Advisory
Geography
- Peru – TGP is based in Peru, operating significant energy infrastructure within the country.
- United States – EIG, the acquiring entity, and White & Case LLP, the advising firm, are both based in the U.S.
- Canada – The Canada Pension Plan Investment Board, the selling party, is headquartered in Canada.
- Global – The transaction involves multinational participants and legal teams operating in the U.S., Brussels, and beyond, reflecting its global scale.
Industry
- Energy Infrastructure – TGP operates gas and natural gas liquid pipelines integral to Peru's energy supply, making this acquisition crucial within the energy infrastructure sector.
- Legal Advisory – White & Case LLP's involvement highlights the importance of legal advice in executing complex M&A transactions in the energy sector.
Financials
- 49.87% – Equity stake being acquired by EIG in TGP.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| EIG | Buyer | Company | A leading institutional investor focused on the global energy and infrastructure sectors. |
| Transportadora de Gas del Peru S.A. (TGP) | Target Company | Company | Peru's main operator of natural gas and natural gas liquids pipelines. |
| Canada Pension Plan Investment Board | Seller | Company | A professional investment management organization that manages the funds of the Canada Pension Plan. |
| White & Case LLP | Legal Advisor | Company | A global law firm providing expertise in M&A transactions and advising EIG in this acquisition. |