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Apollo Commits €3.2 Billion to RWE Joint Venture Supporting the German Transmission Grid
The Joint The Joint (US:JYNT) GlobeNewswire News Room·2025-09-08 05:30

Core Insights - Apollo has committed €3.2 billion of equity to a joint venture with RWE, focusing on renewable energy and infrastructure in Germany [1][2] - The joint venture will support RWE's 25.1% stake in Amprion, a Transmission System Operator, enhancing Germany's energy infrastructure [2][3] - Apollo aims to accelerate investment activity in Europe, particularly in Germany, France, Italy, and the UK, with a target of deploying over $100 billion in Germany over the next decade [3] Company Overview - Apollo is a global alternative asset manager with approximately $840 billion in assets under management as of June 30, 2025 [5] - The company specializes in providing innovative capital solutions across various sectors, including investment grade credit and private equity [5] - Apollo's investment strategy focuses on delivering tailored capital solutions to leading global companies and essential infrastructure [3]