Apollo and Santander announced that Apollo-managed funds and affiliates have agreed to invest in an approximately $370 million portfolio of infrastructure credit. Apterra, an Apollo affiliate founded in 2023, led the deal. Apterra specializes in innovative financing solutions for infrastructure projects.
In the past five years, Apollo has invested over $40 billion in energy transition and climate-related investments and actively seeks to grow its platform as capital deployment in these areas of the global economy continues to scale. Across asset classes, Apollo targets investing $50 billion in clean energy and climate investments through 2027 and sees the opportunity to invest more than $100 billion by 2030.
KEY QUOTES:
“We are pleased to announce this transaction with Santander, which builds on our longstanding relationship and demonstrates the type of bespoke financing solutions that Apollo can provide to our banking partners and corporate clients. We have high conviction in the infrastructure finance opportunity globally given the large capital demands that will continue to drive investment in the sector and see continued opportunity to collaborate with Santander in the space.”
- Apollo Partner and President of ACT Capital Samuel Feinstein
“As we continue to execute on our strategy to proactively rotate assets and maximize profitability, we are pleased to partner with Apollo and Apterra on this portfolio transaction. We remain committed to private debt mobilization to generate additional capital for profitable growth as we continue to accelerate our business transformation efforts.”
- Marcel Patino, Global Head of Private Debt Mobilization at Santander
