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Apollo, Standard Chartered Launch Clean Energy Transition Finance Platform
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Apollo, Standard Chartered Launch Clean Energy Transition Finance Platform
Jan 14, 2025 5:45 AM

08:28 AM EST, 01/14/2025 (MT Newswires) -- Apollo Global Management ( APO ) and Standard Chartered said Tuesday they have formed a partnership to support and accelerate financing for infrastructure, clean transition, and renewable energy.

The companies said they plan to contribute up to $3 billion of clean energy and transition financing.

Apollo-owned Apterra will serve as the platform for originating, structuring, and deploying the capital to execute infrastructure transactions globally, the companies said. Standard Chartered has acquired a minority stake in the platform, the companies said.

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