Announced

Apollo to acquire Hav Energy from HitecVision.

Synopsis

Apollo, an asset management company, agreed to acquire Hav Energy, an energy infrastructure company that aims to become the preferred partner for European energy and utility companies, from HitecVision, an investor in the European energy industry. Financial terms were not disclosed. “Hav Energy has quickly scaled into a top platform facilitating the global transport of LNG, which we view as a bridge fuel capable of reducing emissions for rapidly growing power demand. We are excited to work with the Hav Energy team and their aligned, well-regarded partners in Knutsen to accelerate growth of the platform, which we believe can serve as a vital infrastructure link supporting enhanced energy resiliency for customers around the world," Joseph Romeo, Apollo Partner.

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