Yinson Production Closes Significant USD 1 Billion Investment
Deal News | Jun 17, 2025 | EIN
Yinson Production has successfully closed a USD 1 billion investment with a consortium of international investors, including the Abu Dhabi Investment Authority, British Columbia Investment Management Corporation, and the RRJ Group. This investment, made through redeemable convertible preferred shares, will potentially increase by USD 500 million within 24 months. The first tranche of USD 300 million was funded, enabling a USD 200 million special distribution. The transaction bolsters Yinson's financial position to tap into new opportunities in the offshore energy sector, underpinning its status in the FPSO market as it continues to innovate with its Zero Emissions FPSO Concept. Yinson, part of Yinson Holdings Berhad, spans operations across offshore energy, renewables, and green technologies.
Sectors
- Offshore Energy
- Private Equity and Investment
Geography
- United Kingdom – Location of the newly established holding company, Yinson Production Offshore Holdings Limited, as mentioned in the transaction.
- Malaysia – Home country of Yinson Holdings Berhad, the parent company of Yinson Production.
- Canada – Location of British Columbia Investment Management Corporation, one of the investors.
- Abu Dhabi – Location of the Abu Dhabi Investment Authority, one of the core investors.
Industry
- Offshore Energy – Yinson Production operates within this sector as it is an owner and operator of Floating Production, Storage, and Offloading (FPSO) vessels.
- Private Equity and Investment – Involves the investment by a consortium of investment firms into Yinson, highlighting activities typical within this sector.
Financials
- USD 1 billion – Total investment received from the consortium of investment firms.
- USD 300 million – First tranche funded by the investors upon closing.
- USD 200 million – Special distribution to Yinson from the first tranche.
- USD 700 million – Remaining committed RCPS to be called in installments by December 2026.
- USD 500 million – Option to issue additional RCPS within 24 months from closing.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Yinson Production | Target | Company | A leading owner and operator of FPSO vessels, part of Yinson Holdings Berhad. |
| Abu Dhabi Investment Authority | Investor | Company | A sovereign wealth fund of Abu Dhabi, participating as part of the investment consortium. |
| British Columbia Investment Management Corporation (BCI) | Investor | Company | Investment management firm participating in the consortium. |
| RRJ Group | Investor | Company | Global investment firm partaking in the investment consortium. |
| Yinson Holdings Berhad | Parent Company | Company | The parent company involved in the offshore energy sector. |