(IN BRIEF) RWE and Apollo Global Management have finalized their joint venture agreement involving RWE’s 25.1% stake in Amprion, one of Germany’s major electricity transmission system operators. Apollo has invested €3.2 billion for an equity position in the JV, with … Read the full press release
Posted in Energy, Gas & Oil, Environment, Germany, Industrial, Infrastructure & Utilities, Investment, News
Tagged 25.1 percent stake, 29 million customers, Amprion, Apollo Global Management, energy transition financing, German electricity grid expansion, joint venture, long-term infrastructure funding, regulatory approval complete, RWE, seven federal states, transmission system operator, €3.2 billion investment, €3.2B partnership strengthens long-term financing for Amprion’s electricity transmission growth
(IN BRIEF) Amprion has welcomed a new joint venture between RWE and Apollo Global Management that secures €3.2 billion in equity to finance the company’s ambitious grid expansion. The JV will hold RWE’s 25.1% stake in Amprion, with RWE retaining … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology
Tagged Amprion, Apollo Global Management, electricity infrastructure, energy transition, Germany, Grid Expansion, infrastructure investment, joint venture, M31 Beteiligungsgesellschaft, partnership, renewable energy, RWE, sustainability, transmission grid, €36.4 billion investment
(IN BRIEF) Apollo Global Management has purchased a non-controlling stake in bp Pipelines TAP Limited, which holds bp’s 20% share in the Trans Adriatic Pipeline (TAP), for approximately $1 billion. While bp remains the controlling shareholder, this partnership allows bp … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, United Kingdom
Tagged Apollo Global Management, BP, bp Pipelines TAP Limited, energy infrastructure, energy transition, Europe, Gas Projects, Greece, Italy, Leslie Mapondera, low-carbon energy, natural gas, Shah Deniz gas field, Skardon Baker, strategic partnership, TAP, Trans Adriatic Pipeline, William Lin
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