05:14 AM EST, 12/09/2024 (MT Newswires) -- Apollo Global Management ( APO ) and Santander (SAN) have teamed up for a $370 million investment in infrastructure financing, the companies said Monday.

Under the deal led by Apollo affiliate Apterra, Apollo-managed funds and affiliates will invest in a portfolio of infrastructure credit, the companies said.

Apollo plans to invest $50 billion in clean energy and climate investments through 2027 and expects investment opportunities of over $100 billion by 2030.