Capital Dynamics completed the acquisition of the remaining 69.98% stake in Arlington Valley Solar Energy II from Apollo Global Management.

Capital Dynamics, an independent global asset management firm, completed the acquisition of the remaining 69.98% stake in Arlington Valley Solar Energy II, a 175 megawatt solar photovoltaic project, from Apollo Global Management. Financial terms were not disclosed. "This transaction was a natural fit for us as it builds on our recent acquisition of a 30% interest in AVSE II. This allows for a cleaner and simplified ownership position which we were well prepared to act on quickly in cooperation with the team at Apollo, for a mutually beneficial transaction. We welcome the full ownership of AVSE II into our 3.1 GWdc portfolio of operating US solar projects," Tim Short, Capital Dynamics Managing Director, Clean Energy Infrastructure.