Welcome to our dedicated page for Apollo Global Mgmt news (Ticker: APO), a resource for investors and traders seeking the latest updates and insights on Apollo Global Mgmt stock.
Apollo Global Management Inc (APO) delivers alternative asset management solutions through private equity, credit strategies, and retirement services. This dedicated news hub provides investors with essential updates on corporate developments, strategic initiatives, and market positioning.
Access real-time announcements including earnings reports, merger & acquisition activity, leadership updates, and partnership agreements. Our curated collection ensures stakeholders stay informed about APO's global investments across industries like technology, natural resources, and financial services.
Key updates cover capital deployment strategies, retirement services innovations through Athene, and cross-sector investment performance. Bookmark this page for reliable information directly supporting informed analysis of APO's market activities and long-term value creation.
Doral Renewables has secured up to $30 million in tax equity financing from Fifth Third Bank for its Great Bend solar project in Meigs County, Ohio. The ground-mounted facility will feature:
- 48 MWac solar power generating capacity
- Power supply for approximately 9,000 homes
- Revenue generation through energy sales and renewable certificates
- Long-term Power Purchase Agreement with a major U.S. utility
- $400,000+ annual tax revenue for Meigs County
Located 100 miles southeast of Columbus, the project will utilize single-axis PV system technology. Both Doral and Fifth Third will receive proceeds from a planned tax credit transfer transaction later this year. The project is expected to achieve commercial operations in Q4 2025, marking the first partnership between Doral Renewables and Fifth Third Bank.
Apollo has announced the acquisition of STACK Infrastructure's European colocation data center business through Apollo-managed infrastructure funds. The deal encompasses seven strategic data centers across Stockholm, Oslo, Copenhagen, Milan, and Geneva, serving blue-chip enterprise clients including telecom carriers, IT companies, and financial institutions.
The standalone company will be led by CEO Sherif Rizkalla and will undergo rebranding, dropping the STACK Infrastructure name. The transaction allows STACK EMEA to focus primarily on hyperscale clients, while the carved-out colocation business will continue serving enterprise customers.
The deal highlights Apollo's confidence in data center infrastructure demand and interconnected colocation businesses. The existing management team and employees will transition to the new company. The transaction awaits regulatory approvals, with Latham & Watkins serving as legal counsel to Apollo Funds.
A new blog post on press release formatting best practices has been announced, dated April 28, 2025. The post aims to help writers create more engaging and effective press releases by focusing on key aspects of formatting and structure.
The blog will cover essential topics including:
- Headline writing techniques for better attention
- Optimal length and style guidelines for readability
- Effective use of subheadings, bullet points, and quotes
West Technology Group has appointed Sam Meckey as President of its WestCX business unit, effective immediately. Meckey, former CEO of UpHealth, brings extensive experience in healthcare technology services. His previous roles include leading EXL Services' healthcare business transformation and serving as President of Optum's $1B global BPO/ITO operations.
Meckey's background includes service as a U.S. Navy pilot and officer, with education from the United States Naval Academy, Embry-Riddle Aeronautical University, and Harvard Business School. WestCX, which includes TeleVox and Mosaicx brands, specializes in AI-driven omnichannel solutions for customer engagement optimization.
Apollo (NYSE: APO) and Bullrock Energy Ventures have announced a significant joint venture partnership where Apollo-managed funds will commit up to $220 million for community solar assets in New York and New England. The deal includes $100 million to fund Bullrock's nearly 500 MW pipeline of renewable energy assets.
Bullrock, a Vermont-based renewable energy company led by Chairman Gregg Beldock, has developed nearly 500 MW of solar projects across New England, New York, and the Midwest over the past decade. The company offers vertically integrated services including development, construction, financing, and asset management.
This partnership aims to expand local access to clean energy, benefiting individuals, households, and businesses. Apollo has committed approximately $58 billion to climate and energy transition-related investments over the past five years.
NovaSource Power Services has partnered with Doral Renewables to operate and maintain the Mammoth Solar Project, one of America's largest agrivoltaics facilities in Indiana. The multi-phase project will deliver 1.6GWdc of clean energy across four phases in Pulaski and Starke Counties.
The project includes Mammoth North (480MWdc, completed Q4 2024), and three additional 360MWdc phases - Mammoth South, Central I, and Central II - scheduled for commercial operation in 2026. The innovative facility combines solar power generation with agricultural use, enabling farmers to maintain crop production alongside solar panels.
NovaSource, managing over 30GW of solar assets globally, will provide O&M services, GOP management, and NERC compliance support, utilizing data-driven asset management solutions to optimize performance.
Apollo (NYSE: APO) announced significant changes to its Board of Directors. Gary Cohn, former Goldman Sachs President and US National Economic Council director, has been appointed as Lead Independent Director. Jay Clayton, the outgoing Chair and Lead Independent Director, will resign effective April 21, 2025, to assume the role of Interim US Attorney for SDNY.
CEO Marc Rowan will expand his role to become CEO and Chair of the Board, effective April 21, 2025. The company maintains a two-thirds independent Board of Directors following these changes. Cohn, currently Vice Chairman of IBM, brings 26 years of Goldman Sachs experience, including serving as President and COO from 2006-2016.
A webinar focused on optimizing press releases for AI-powered search engines is scheduled for April 24, 2025, from 12:00pm to 12:45pm ET. The session will explore how press releases influence AI search rankings and strategies for maximizing visibility.
The webinar features notable speakers including Mirza Germovic (SVP of AI Solutions, Edelman), Laura Macdonald (Chief Growth Officer, Hotwire), and Chris Penn (Chief Data Scientist, Trust Insights), with Kelly Byrd Marín (Senior Director of Marketing, Notified) moderating.
Participants will learn about:
- Latest keyword and content optimization strategies
- Leveraging distribution channels for maximum reach
- Techniques to improve search visibility in AI-driven environments
Apollo (NYSE: APO) and Summit Ridge Energy have announced a new joint venture partnership where Apollo-managed funds will commit up to $400 million to jointly own and operate commercial solar assets across Illinois. This builds upon Apollo's previous $175 million strategic investment in Summit Ridge made in 2022.
Summit Ridge Energy is a major owner-operator of commercial solar assets in the United States, with over 2GW of solar projects operating and in development across seven states, serving more than 40,000 homes and businesses. The company operates in Illinois, Maryland, Virginia, New York, Delaware, Pennsylvania, and Maine.
This partnership aligns with Apollo's broader climate and energy transition investments, with Apollo-managed funds and affiliates having committed, deployed, or arranged approximately $58 billion in climate and energy transition-related investments over the past five years.
State Street Global Advisors has launched the State Street Target Retirement IndexPlus Strategy, a new investment solution combining public and private market exposures for defined contribution plans. The strategy allocates 90% to public markets through State Street-managed index strategies and 10% to private markets via Apollo-managed pooled investments.
The strategy will be managed by State Street's Investment Solutions Group, which oversees more than $200 billion in global target-date assets. This innovative approach aims to provide retirement savers with enhanced diversification opportunities through private market access.
This launch represents the second major milestone for State Street's retirement strategies in 2025, following the announcement that IncomeWise™ and related custom target-date strategies have accumulated over $20 billion in committed assets.
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