News Release from windfair.net
Wind Industry Profile of
08/18/2020
Apollo Global Management Invests in US Wind
Apollo has acquired a stake in the renewable energy developer US Wind for $265 million. According to Reuters, the investment, which includes both debt and equity, will fund the construction of an offshore wind project off the coast of Maryland.
Despite not having built a large offshore wind farm yet, offshore wind is the hottest trend in the U.S. electricity market.
- Source:
- Reuters
- Author:
- Windfair Editors
- Email:
- press@windfair.net
- Keywords:
- Apollo, investment, offshore, US Wind, development, construction, coast, Reuters, wind farm
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