Apollo targets $50bn in sustainable investments with new platform

Apollo targets $50bn in sustainable investments with new platform

Apollo Global Management, a manager of alternative assets, launched a sustainable investing platform, targeting the deployment of $50bn in decarbonization and energy transition opportunities over the next five years. The new platform underscores the opportunity that...
Saudi Aramco closes $15.5bn BlackRock-led gas pipeline deal

Saudi Aramco closes $15.5bn BlackRock-led gas pipeline deal

Saudi Aramco closed a deal to sell a stake in its natural-gas pipelines for $15.5bn and entered into a pact with BlackRock Inc. to explore low carbon energy projects. An investor group, led by BlackRock, acquired a 49% stake in Aramco Gas Pipelines Co. in a lease and...
Infrastructure fund raises €575m for green projects

Infrastructure fund raises €575m for green projects

Pioneer Point Partners, the specialist sustainable infrastructure investment firm, has reached a final close of €575m on its maiden institutional fund, Pioneer Infrastructure Partners. The final close exceeded the €500m target that Pioneer initially set. The Fund...