NEW YORK : Apollo (NYSE: APO) today announced the launch of a comprehensive sustainable investing platform focused on financing and investing in the energy transition and decarbonization of industry. Across asset classes, Apollo targets deploying $50 billion in clean energy and climate capital over the next five years and sees the opportunity to deploy more […]
Apollo Invests $150 Million in FlexGen Power Systems – EQ Mag Pro
Apollo Global Management Inc. is making a $150 million commitment to FlexGen Power Systems Inc. to support the battery energy storage company’s growth plans. Apollo’s investment will be made in partnership with Durham, North Carolina-based FlexGen’s existing investors, Altira Group and the founding investment group led by Jerry Miller and Mark Dreyfus, according to a […]
Apollo SPAC Tied to Solar Lender Sinks to Palihapitiya’s Price
Solar stocks swooned Monday, casting a pall on an Apollo-backed special purpose acquisition company and enabling clean-energy investors to buy in at the same price as Wall Street titans like venture capitalist Chamath Palihapitiya. Apollo Capital Management-sponsored Spartan Acquisition Corp. II fell as much as 0.7% to $10, the price at which investors including Palihapitiya, […]
