Morgan Stanley Infrastructure Partners Sells Höegh Evi Stake
Morgan Stanley Infrastructure Partners (MSIP) has announced an agreement to sell its 50% stake in Larus Holding , the owner of Höegh Evi , to Igneo Infrastructure Partners. The Høegh Family will retain their 50% ownership through Aequitas Under MSIP's co-ownership, Höegh Evi, a leading operator of Floating Storage and Regasification Units (FSRUs) and LNG Carrier vessels, underwent strategic realignment focusing on clean energy infrastructure. The company is developing floating solutions for Carbon Capture and Storage, ammonia, and hydrogen segments, with plans to convert to hybrid FSRUs by 2028. Notable transactions include the company's delisting from the Oslo Stock Exchange in May 2021 and taking private Höegh LNG Partners LP from NYSE in September 2022.
Morgan Stanley Infrastructure Partners (MSIP) ha annunciato un accordo per vendere la sua partecipazione del 50% in Larus Holding, proprietaria di Höegh Evi, a Igneo Infrastructure Partners. La famiglia Høegh manterrà la sua proprietà del 50% attraverso Aequitas. Sotto la co-proprietà di MSIP, Höegh Evi, un operatore leader di Unità di Stoccaggio Galleggiante e Rigassificazione (FSRU) e navi per il trasporto di GNL, ha subito un riallineamento strategico focalizzato sulle infrastrutture per l'energia pulita. L'azienda sta sviluppando soluzioni galleggianti per la cattura e lo stoccaggio del carbonio, l'ammoniaca e l'idrogeno, con piani per convertirsi in FSRU ibride entro il 2028. Transazioni notevoli includono la delistazione della società dalla Borsa di Oslo nel maggio 2021 e il passaggio della Höegh LNG Partners LP da NYSE nel settembre 2022.
Morgan Stanley Infrastructure Partners (MSIP) ha anunciado un acuerdo para vender su participación del 50% en Larus Holding, propietario de Höegh Evi, a Igneo Infrastructure Partners. La familia Høegh mantendrá su participación del 50% a través de Aequitas. Bajo la co-propiedad de MSIP, Höegh Evi, un operador líder de Unidades de Almacenamiento Flotante y Regasificación (FSRU) y buques transportadores de GNL, ha undergone un realineamiento estratégico centrado en la infraestructura de energía limpia. La empresa está desarrollando soluciones flotantes para la captura y almacenamiento de carbono, amoníaco e hidrógeno, con planes de convertir a FSRU híbridas para 2028. Las transacciones notables incluyen la deslisting de la compañía de la Bolsa de Oslo en mayo de 2021 y llevar a Höegh LNG Partners LP a la privatización desde NYSE en septiembre de 2022.
모건 스탠리 인프라 파트너스 (MSIP)는 Höegh Evi의 소유주인 라루스 홀딩의 50% 지분을 이그네오 인프라 파트너스에 매각하기로 합의했다고 발표했습니다. Höegh 가족은 Aequitas를 통해 50%의 소유권을 유지합니다. MSIP의 공동 소유 하에, Höegh Evi는 떠 있는 저장 및 재기화 유닛 (FSRU)과 LNG 운반선의 주요 운영자로서 청정 에너지 인프라에 집중하여 전략적 재조정을 겪었습니다. 이 회사는 탄소 포집 및 저장, 암모니아 및 수소 부문을 위한 떠 있는 솔루션을 개발하고 있으며, 2028년까지 하이브리드 FSRU로 전환할 계획입니다. 주목할 만한 거래에는 2021년 5월 오슬로 증권 거래소에서의 상장 폐지와 2022년 9월 NYSE에서 Höegh LNG Partners LP를 비상장으로 전환하는 것이 포함됩니다.
Morgan Stanley Infrastructure Partners (MSIP) a annoncé un accord pour vendre sa participation de 50% dans Larus Holding, propriétaire de Höegh Evi, à Igneo Infrastructure Partners. La famille Høegh conservera sa participation de 50% par l'intermédiaire d'Aequitas. Sous la co-propriété de MSIP, Höegh Evi, un opérateur leader des unités de stockage flottant et de regazéification (FSRU) ainsi que des navires transporteurs de GNL, a subi un réalignement stratégique axé sur l'infrastructure énergétique propre. La société développe des solutions flottantes pour la capture et le stockage du carbone, de l'ammoniac et de l'hydrogène, avec des projets de conversion en FSRU hybrides d'ici 2028. Les transactions notables comprennent la radiation de la société de la Bourse d'Oslo en mai 2021 et le retrait de Höegh LNG Partners LP de la NYSE en septembre 2022.
Morgan Stanley Infrastructure Partners (MSIP) hat eine Vereinbarung bekannt gegeben, um seinen 50% Anteil an Larus Holding, dem Eigentümer von Höegh Evi, an Igneo Infrastructure Partners zu verkaufen. Die Familie Høegh wird ihren 50% Anteil über Aequitas behalten. Unter der Co-Eigentümerschaft von MSIP hat Höegh Evi, ein führender Betreiber von Fliegenden Lager- und Regasifizierungseinheiten (FSRU) und LNG-Transportern, eine strategische Neuausrichtung hin zu sauberer Energieinfrastruktur durchlaufen. Das Unternehmen entwickelt schwimmende Lösungen für die Kohlenstoffabscheidung und -speicherung, Ammoniak und Wasserstoffmärkte, mit dem Ziel, bis 2028 in hybride FSRUs umzuwandeln. Bemerkenswerte Transaktionen umfassen die Delistung des Unternehmens von der Osloer Börse im Mai 2021 und die Übernahme von Höegh LNG Partners LP von der NYSE im September 2022.
- Strategic pivot towards clean energy infrastructure and hybrid FSRUs
- Development of new revenue streams in CCS, ammonia, and hydrogen segments
- Successful completion of two strategic delistings enhancing operational flexibility
- None.
Insights
Höegh Evi is one of the leading owner-operators of Floating Storage and Regasification Units ("FSRUs") and Liquid Natural Gas Carrier ("LNGC") vessels globally. MSIP and the Høegh Family undertook a strategic realignment of Höegh Evi to enable its transition to provisioning clean energy infrastructure assets. Höegh Evi initiated the development of floating solutions for Carbon Capture and Storage (“CCS”), ammonia and hydrogen segments. Notably, the Company is on track to convert to the first hybrid FSRUs by 2028, enabling parallel imports of LNG and hydrogen, providing customers the flexibility to ensure supply security and affordability during the transition away from fossil fuels. In September 2024, the Company rebranded itself from Höegh LNG to Höegh Evi (Energy Vector Infrastructure) in recognition of its role in both the energy transition and a multi-energy source environment.
“Since acquisition, we have worked with Höegh Evi to further strengthen its position as a leader in the FSRU market, providing essential long-term LNG regasification capacity and enhancing critical energy security for countries around the world,” said Alberto Donzelli, Managing Director and Co-Head of
In partnership with the Høegh Family, a prominent Norwegian family that has pioneered the international shipping industry since 1927, MSIP successfully de-listed the Company from the Oslo Stock Exchange in May 2021 and took private the previously partially owned subsidiary Höegh LNG Partners LP from the New York Stock Exchange in September 2022.
“Höegh Evi is another example of how MSIP’s ability to partner and collaborate with family shareholders provides differentiated sourcing capabilities that can create substantial value for our investors,” said Markus Hottenrott, Chief Investment Officer for MSIP.
About Höegh Evi Ltd.
Höegh Evi is the vital link to secure transition-delivering fast, adaptable, and secure solutions that respond to countries' evolving energy needs. For 50 years, Höegh Evi has been a pioneer and global leader in floating energy infrastructure, with one of the world's largest fleets of FSRUs (floating storage and regasification units) for importing natural gas. Today, Höegh Evi is building the infrastructure needed to make the energy transition possible, with floating terminals for ammonia and hydrogen import, the world's first floating ammonia-to-hydrogen cracker, and services for carbon transport and permanent storage. Höegh Evi is a global company with a highly skilled global team of 900 employees at sea and onshore. To learn more, please visit www.hoeghevi.com.
About Morgan Stanley Infrastructure Partners
Morgan Stanley Infrastructure Partners (“MSIP”) is a leading global private infrastructure investment platform with approximately
About Morgan Stanley Investment Management
Morgan Stanley Investment Management, together with its investment advisory affiliates, has more than 1,300 investment professionals around the world and
About Morgan Stanley
Morgan Stanley (NYSE: MS) is a leading global financial services firm providing a wide range of investment banking, securities, wealth management and investment management services. With offices in 42 countries, the Firm’s employees serve clients worldwide including corporations, governments, institutions and individuals. For further information about Morgan Stanley, please visit www.morganstanley.com.
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Morgan Stanley Media Relations:
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Source: Morgan Stanley Investment Management
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