Carlyle Group is set to establish a new Mediterranean-focused oil and gas company following its acquisition of Energean's assets for up to $945 million. The private equity firm's near-£1 billion purchase includes projects in Italy, Egypt, and Croatia. The deal, valued at $820 million, marks Carlyle's latest expansion in the energy sector amid the ongoing Gaza conflict and Israel-Lebanon tensions. The new company will be led by former BP CEO Tony Hayward.
Carlyle creates new Med oil and gas company with $945 mln Energean deal #oott https://t.co/HyAEeOFD8F
Amid Gaza conflict and Israel-Lebanon tensions, Carlyle is establishing a Mediterranean oil and gas firm, led by former BP CEO Tony Hayward. The fund invested nearly $1 billion in assets from Energean in three countries. https://t.co/bh4lMtBTIb
Carlyle creates new Mediterranean-focused oil and gas company with US$945-million Energean deal https://t.co/A0Vex64Erz
Carlyle Expands Energy Assets With $820 Million Energean Portfolio Purchase https://t.co/k2bYp9ENBH
Buyout firm Carlyle to build Mediterranean oil and gas group Private equity group’s near-£1bn acquisition of projects in Italy, Egypt and Croatia marks latest foray into sector via @thomas_m_wilson @LukanyoMnyanda & Shotaro Tani @FT #PrivateEquity https://t.co/tKX1MGwoFs
Energean to sell Med oil and gas assets to Carlyle for up to $945 million https://t.co/DikHeB7Mep
Carlyle to build Mediterranean oil and gas group after Energean asset deal https://t.co/RdACQIgi5u