Morgan Stanley Infrastructure Partners divests stake in Höegh Evi
Deal News | Dec 18, 2024 | White & Case
Global law firm White & Case LLP advised Morgan Stanley Infrastructure Partners on divesting their 50% stake in Höegh Evi, a leading owner-operator of Floating Storage and Regasification Units (FSRUs) and Liquid Natural Gas Carrier (LNGC) vessels worldwide. The stake was sold to Igneo Infrastructure Partners. The transaction was guided by a White & Case team led by partners George Kazakov and Ben Von Maur, including several other partners and associates from their London and Paris offices.
Sectors
- Infrastructure
- Legal Services
- Energy
Geography
- United Kingdom – The White & Case team advising on the deal included members located in London.
- France – The advisory team from White & Case also included a partner based in Paris.
Industry
- Infrastructure – The article pertains to infrastructure investments, specifically the ownership and operation of Floating Storage and Regasification Units and LNG carriers.
- Legal Services – White & Case LLP's involvement as legal advisors in the transaction highlights the legal services industry.
- Energy – Höegh Evi operates in the energy sector through its involvement with floating storage and transportation of LNG.
Financials
- 50% Stake – The percentage of Höegh Evi sold by Morgan Stanley Infrastructure Partners to Igneo Infrastructure Partners.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| White & Case LLP | Legal Advisor | Company | A global law firm that provided advisory services for the transaction. |
| Morgan Stanley Infrastructure Partners | Selling Company | Company | An infrastructure investment arm of Morgan Stanley, divesting its 50% stake in Höegh Evi. |
| Höegh Evi | Target Company | Company | A leading operator of Floating Storage and Regasification Units and LNG Carrier vessels. |
| Igneo Infrastructure Partners | Buying Company | Company | The company acquiring the 50% stake in Höegh Evi. |