# AG&P

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ag-p

- Industry: Oil & Gas
- Headquarters: Singapore, Singapore
- Website: www.agpglobal.com
- Total disclosed funding: $53M
- Latest round: Series C (Jul 2, 2013)
- Investors on record: 2

## About

Based in Singapore, AG&P International Holdings specializes in developing, engineering, and constructing liquefied natural gas (LNG) infrastructure, including import terminals and gas networks, to enhance energy accessibility globally.AG&P International Holdings, founded in 1900 in Singapore, focuses on LNG infrastructure development. The company has completed three deals, with its most recent funding round in December 2021, raising USD 120 mn from Japan Overseas Infrastructure Investment Corporation for Transport & Urban Development and Osaka Gas. The CEO of the company is Joseph Sigelman.AG&P Industrial operates a global downstream LNG infrastructure platform, focusing on the development, engineering, construction, and commissioning of LNG and natural gas infrastructure. The company's core offerings include the establishment of LNG import terminals, city gas networks, and associated LNG logistics services. AG&P's unique technology and LNG ecosystem facilitate the rapid deployment of downstream infrastructure across various markets, including underdeveloped, developing, and developed regions. The company primarily serves multiple sectors, including power, industrial, commercial, transportation, and domestic users, with projects in India, the Philippines, Africa, and Indonesia. Their services target diverse end users, promoting clean energy solutions and enhancing energy accessibility across different geographical markets.AG&P reported a revenue of USD 259,250,118.50 in the most recent year of 2022, with an EBITDA of USD 31,368,056.50 for the same year. The company's revenue model is structured around project development contracts, LNG logistics services, and partnerships with local governments and industries, facilitating the distribution and marketing of natural gas through contract agreements for LNG terminals and pipelines.In December 2021, AG&P raised USD 120 mn in venture funding to support the expansion of its concessions across South India and Rajasthan. The company is focused on developing new LNG infrastructure projects and enhancing its service capabilities in these regions. Specific plans for upcoming products and geographic expansion are set to leverage this funding to facilitate further growth in the LNG market.

## Funding rounds

- Series C, Jul 2, 2013, $53M — ICCP Venture Partners, A. Soriano Corporation

## Investors

- ICCP Venture Partners (https://capitalatlas.ai/funds/iccp-venture-partners) — Series C
- A. Soriano Corporation — Series C