Announced
Financials
Tags
Private Equity
Pending
United States
wind farm
wind energy
Friendly
Private
Single Bidder
Acquisition
offshore wind projects
renewable energy equipment
Renewable Energy Equipment
Minority
Synopsis
Private equity firm Apollo Global agreed to invest $265m in US Wind, an offshore wind energy development company. “We believe our strategic partnership with Apollo will create significant value for US Wind and the state of Maryland in advancing development of our offshore wind projects. Apollo is a creative and dynamic partner, with global expertise, and together we believe we can make a positive impact on the energy transition in the United States,” Riccardo Toto, US Wind President.
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