EIG Closes $1.9B Senior Infrastructure Debt Fund

EIG has closed its sixth senior infrastructure debt fund with $1.9 billion, nearly doubling the size of its predecessor. Combined with $2.1 billion committed through single-investor vehicles, EIG raised $4 billion for the strategy, exceeding its original $3 billion target. The separate accounts provide customized or evergreen exposure alongside the commingled fund.

EIG Senior Infrastructure Debt Fund VI launched in July 2024 and has committed approximately $1 billion across 16 investments. The fund originates senior secured loans across power generation, renewable energy, energy-transition infrastructure, midstream assets and other critical infrastructure. Its primary markets are the United States and Europe.

“Energy demand growth, electrification and grid modernization are converging to create a significant need for capital,” said Rob Johnson, president and chief investment officer of EIG Credit Management.

The strategy attracted new and returning investors across North America, Europe, Asia-Pacific and the Middle East. Participants included pension plans, sovereign wealth funds, insurers, financial institutions, endowments, foundations and asset managers.

Washington-based EIG managed $27.1 billion as of June 30. Over its 44-year history, the firm has committed more than $55 billion to 429 projects or companies across 44 countries.

Kirkland & Ellis LLP provided legal counsel to EIG, Campbell Lutyens served as placement agent, and Scotiabank acted as structuring agent for the rated note feeder in connection with the formation and fundraising of SIDF VI.