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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, […]

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