Debevoise & Plimpton LLP has advised EIG in the establishment of a fund in connection with its acquisition of a 25% interest in Repsol Upstream, a newly-formed, gas-weighted exploration and production company. For more information, please see the company’s press release.

EIG is a leading institutional investor in the global energy and infrastructure sectors with $22.7 billion under management as of December 31, 2022.

The Debevoise team was led by investment management partner Andrew Ahern and included associates Matthew Daly-Grafstein, Joanna Faley and Ali Nierenberg, M&A partner Ezra Borut, tax partner Michael Bolotin and associates Martin Connor Jr. and Lena Smith.