Apollo Funds to Invest $824 million Supporting NextEra Energy Partners' Acquisition of 50% ... Apollo Global Management, Inc.(GLOBE NEWSWIRE) Oct 22, 2021 Oct 22, 2021 Updated 12 min ago
- Oct 22, 2021 4:17 pm GMT
to invest $824 million in a convertible equity portfolio financing agreement with NextEra Energy Partners, LP (NYSE: NEP) in a 2.5 GW renewable energy generation portfolio (the “Portfolio”). The Apollo Funds committed to the investment as part of the sale of 50% of the Portfolio from NextEra Energy Resources, LLC, a subsidiary of NextEra Energy, Inc. (NYSE: NEE) to NextEra Energy Partners. The ...
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