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New Deal


Announced

Apollo Global to invest $824m in NextEra Energy Partners.

Financials

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Transaction Value£596m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Friendly

Domestic

Public

Acquisition

Minority

Single Bidder

United States

wind power

solar power

nuclear energy

power

Alternative Electricity

clean energy

renewable energy

Alternative Fuels

Pending

Synopsis

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Apollo Global, a high-growth, global alternative asset manager, agreed to invest $824m in NextEra Energy Partners, an American energy company. "At Apollo, we have been actively investing in the clean energy transition through our infrastructure platform and are pleased to invest in this blue-chip portfolio of wind and solar assets, which are supported by long term contracts with investment grade counterparties," Geoff Strong, Apollo Senior Partner.

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