03:27 AM EDT, 09/08/2025 (MT Newswires) -- Apollo Global Management ( APO ) said Monday funds managed by the company have agreed to commit 3.2 billion euros ($3.75 billion) of equity to a new joint venture with German power producer RWE.
The RWE-controlled joint venture will hold and fund RWE's 25.1% stake in transmission system operator Amprion, Apollo said.
The deal is expected to close in Q4, subject to customary conditions.