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WINTER PARK, FL --(Marketwired - March 08, 2016) - Triloma EIG Global Energy Fund (the "Fund") began investment operations with an investment in senior secured notes issued by Sabine Pass Liquefaction, LLC ("Sabine Pass").
Sabine Pass is a project company formed to own, develop and operate natural gas liquefaction facilities in Cameron Parish, Louisiana. The notes, which mature on March 15, 2022, are secured by a first lien security interest in substantially all of the assets of Sabine Pass. The project is supported by fixed price, 20-year liquefied natural gas ("LNG") sale and purchase agreements with investment grade counterparties. In February 2016, the project achieved a milestone when the first cargo of LNG was exported. Sabine Pass was formed in 2010 by Cheniere Energy Partners, L.P., a publicly traded limited partnership and an indirect subsidiary of Cheniere Energy, Inc., a publicly traded Houston-based energy company primarily engaged in LNG-related businesses.
A full holdings report of the Fund's portfolio will be disclosed with its next quarterly N-Q filing with the U.S. Securities and Exchange Commission.
About Triloma EIG Global Energy Fund
Triloma EIG Global Energy Fund is an unlisted investment company that invests primarily in a global portfolio of privately originated energy company and project debt. Its investment objectives are to provide shareholders with current income, capital preservation and, to a lesser extent, long term capital appreciation. The Fund is managed by Triloma Energy Advisors and EIG Credit Management Company.
Triloma Financial Group is a private investment management firm providing individuals with a unique approach to alternative investment opportunities. Triloma manages and sponsors a group of private and publicly offered investment programs focused on private equity, real estate and energy investments. Triloma specializes in thorough research, individual access, powerful partnerships and impeccable service. Triloma is headquartered in Winter Park, Florida. For additional information, please visit triloma.com.
EIG specializes in private investments in energy and energy-related infrastructure on a global basis and had $14.7 billion under management as of December 31, 2015. During its 34-year history, EIG has invested over $21.5 billion in the sector in more than 300 projects or companies in 35 countries on six continents. EIG's clients include many of the leading pension plans, insurance companies, endowments, foundations and sovereign wealth funds in the U.S., Asia and Europe. EIG is headquartered in Washington, D.C. with offices in Houston, London, Sydney, Rio de Janeiro, Hong Kong and Seoul. For more information, visit eigpartners.com.
This is not an offer. The offering of Triloma EIG Global Energy Fund (the "Fund") common stock can be made solely by means of a written prospectus forming part of the effective registration statement. The prospectus and its supplements, which are available at sec.gov, contain important information about the Fund. Prospective investors should read the prospectus and its supplements carefully before investing. Investors are advised to consider the investment objectives, risks, charges and expenses of the Fund carefully before investing. There can be no assurance that the Fund will achieve its investment objectives.
This press release may contain forward-looking statements identified by the use of words such as "outlook," "indicator," "believes," "expects," "potential," "continues," "may," "will," "should," "seeks," "approximately," "predicts," "intends," "plans," "estimates," "anticipates" or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. Triloma, EIG and the Fund believe these factors include, but are not limited to, those described under the section entitled "Risk Factors" in the Fund's registration statement, as such factors may be updated from time to time in its periodic filings with the U.S. Securities and Exchange Commission, which are accessible on the SEC's website at sec.gov. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this release and in the Fund's filings. Triloma, EIG and the Fund assume no obligation to update or supplement forward-looking statements that become untrue because of subsequent events for circumstances.
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