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Announced

Apollo Global to invest $265m in US Wind.

Financials

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Transaction Value£195m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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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

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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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