Announced
Completed
Synopsis
Apollo, a high-growth, global alternative asset manager, completed the investment in Freedom CNG, an owner and operator of compressed natural gas and renewable natural gas fueling infrastructure in Texas. Financial terms were not disclosed. "Freedom has developed a strong portfolio of RNG fueling stations with meaningful growth potential driven by established relationships with blue-chip customers and attractive new development opportunities. We look forward to working with Bill, Ronny and the rest of the Freedom team to continue expanding Freedom’s platform through organic and inorganic growth initiatives in a market where we see the need for significant investment given the tailwinds that exist. Apollo has deep expertise investing in the natural gas value chain as part of our broader strategy to serve as a key capital provider supporting the energy transition," Scott Browning, Apollo Partner.
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