Apollo Global Management Announces €3.2 Billion Joint Venture with RWE to Support German Transmission Grid Expansion

Reuters
Sep 08
Apollo Global Management Announces €3.2 Billion Joint Venture with RWE to Support German Transmission Grid Expansion

Apollo Global Management Inc. has announced a €3.2 billion investment in a joint venture with RWE, Germany's largest power producer and a leader in renewable energy. This partnership aims to support the expansion of the German transmission grid. The joint venture will fund RWE's 25.1% stake in Amprion, a Transmission System Operator serving 29 million people across seven German states. The collaboration underscores Apollo's commitment to providing capital solutions for essential infrastructure and its strategic focus on expanding investment activities in Europe. The transaction, pending regulatory approvals, is expected to close in the fourth quarter of 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Apollo Global Management Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9524705-en) on September 08, 2025, and is solely responsible for the information contained therein.

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