Announced

Apollo to invest €3.2bn in RWE joint venture.

Synopsis

Apollo, an investment firm, agreed to invest €3.2bn in RWE joint venture, a power producer and a global leader in renewable power generation. "This partnership with RWE will help fund long-term capex for critical grid expansion in Germany to power homes and industry, and it underscores our focus on delivering tailored capital solutions to leading global companies and essential infrastructure. It also reflects Apollo’s commitment to strong, lasting partnerships across both the private and public sectors. Looking ahead, we expect to further accelerate our investment activity in Europe, with a particular focus on Germany, France, Italy and the UK," ,Jamshid Ehsani, Apollo Partner.

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