Kuala lumpur: EIG, an institutional investor in the global energy and infrastructure sectors, announced the final close of EIG Senior Infrastructure Debt Fund VI (SIDF VI) at US$1.9 billion, nearly double the size of its predecessor fund. (US$1 = RM4.06)

According to BERNAMA News Agency, together with US$2.1 billion committed to single-investor vehicles, the fundraising exceeded the strategy's original US$3 billion target, reflecting demand from investors seeking customised and evergreen exposure to senior infrastructure debt. EIG Chief Executive Officer, R. Blair Thomas, noted the strong support for SIDF VI as an indication of investors' recognition of the role private capital can play in financing energy, power, and infrastructure systems underpinning modern economies.

In a statement, EIG mentioned that SIDF VI had committed approximately US$1 billion across 16 investments since its launch in July 2024, supported by its proprietary origination capabilities. The fund targets directly originated, senior secured debt investments across sectors including power generation, renewable energy, energy transition infrastructure, midstream, and other critical infrastructure, with a primary focus on opportunities in the United States and Europe.

The strategy leverages EIG's longstanding relationships with sponsors, developers, infrastructure operators, and corporate counterparties to source and structure investment opportunities globally. The Direct Lending platform received support from existing and new investors across North America, Europe, Asia-Pacific, and the Middle East. Investors include public and corporate pension plans, sovereign wealth funds, insurance companies, financial institutions, asset managers, endowments, foundations, and other institutional investors.

Kirkland and Ellis LLP provided legal counsel to EIG, while Campbell Lutyens served as placement agent and Scotiabank as structuring agent for the rated note feeder in connection with the fund's formation and fundraising.