Triloma EIG Energy Income Fund and Triloma EIG Energy Income Fund - Term I announced their participation, alongside certain other private funds and accounts managed by EIG Global Energy Partners (EIG), in a Senior Secured Second Lien Note issuance by Aethon United BR LP.
The transaction was originated, negotiated and structured by EIG on behalf of its managed investment vehicles and the Funds.
Aethon United is a portfolio of integrated upstream and midstream oil and gas assets in East Texas and North Louisiana. The assets are managed and operated by Aethon Energy Management. The floating rate note matures in six years and is secured by mortgages on the proven reserves in addition to other assets.
“Aethon has high-quality reserves and an extensive knowledge of geology and reserve development. Our investment diversifies the funds' upstream holdings across additional geological basins with natural gas production from the Haynesville Shale,” said Deryck Harmer, president and CEO of the Funds.
