en.Wedoany.com Reported - The private office of Abu Dhabi Crown Prince Sheikh Mohammed bin Khalid Al Nahyan announced an investment of $1.13 billion (AED 4.14 billion) in MidOcean Energy, a US-based liquefied natural gas (LNG) company.

MidOcean Energy, headquartered in the United States, is an LNG company established and managed by EIG. This investment establishes a strategic partnership between the private office and EIG, focusing on capital aggregation, identifying investment opportunities, and developing institutional investment prospects in the United Arab Emirates (UAE) and other specific regional markets.

This marks the private office's first foray into the global LNG sector and initiates broader strategic cooperation with EIG, which specializes in global energy and infrastructure investments.

R. Blair Thomas, CEO of EIG and Chairman of MidOcean Energy, expressed delight in establishing a strategic partnership with the private office. He believes this relationship combines EIG's global energy investment expertise with the private office's regional influence, institutional relationships, and long-term investment perspective, creating a robust platform for capital formation and investment in the region.

The partnership aims to identify and pursue additional investment opportunities in the energy and related infrastructure sectors. EIG stated that this investment strengthens MidOcean Energy's institutional shareholder base.

MidOcean Energy currently holds LNG assets in markets including Canada, Australia, and Latin America, and plans to expand its portfolio through a disciplined investment strategy.

The private office of Sheikh Mohammed bin Khalid Al Nahyan in Abu Dhabi, along with its affiliate KSH Investments, manages a diversified investment and asset management platform, with business activities focused on identifying and developing long-term investment opportunities across a wide range of industries and markets.

Matar Hamdan Al Ameri, Managing Director of the private office, stated that this investment is a significant strategic milestone in establishing long-term exposure to high-quality global infrastructure and energy assets, creating opportunities for regional investors to participate alongside leading institutional partners. He believes MidOcean provides access to a critical component of the global energy system through a diversified LNG platform, while the strategic partnership with EIG lays the foundation for future cooperation and investment opportunities in the region.