EIG Pays BRL1.3 Billion for Brazil’s LLX (Latin America)

Source: Private Equity International  |  Author: Matthieu Favas

Global energy investor EIG Global Energy Partners has acquired Brazil-based LLX, the logistics company of the energy and mining conglomerate EBX Group, for BRL1.3 billion (approximately US$557 million). The new capital will allow LLX to finish its Açu Superport, an industrial port venture designed to service Brazil’s commodity exports to Asia. The transaction was structured through EIG’s Energy Fund XV.