Apollo to acquire Eagle Creek Renewable Energy.

Apollo, a high-growth, global alternative asset manager, agreed to acquire Eagle Creek Renewable Energy, an independent owner and operator of hydroelectric facilities across the US. Financial terms were not disclosed. "The Eagle Creek team have built one of the leading independent hydro portfolios in the US, with a strong safety and performance track record and a diversified footprint. We see significant opportunity to support the business in its next phase—further expanding the platform and providing reliable, clean power generation to meet the growth in demand. We look forward to bringing our network and significant industry experience to bear alongside this highly experienced team as we seek to accelerate growth," Joseph Romeo, Apollo Partner.