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RWE retains control as joint venture with Apollo advances major national grid investment
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RWE retains control as joint venture with Apollo advances major national grid investment
RWE retains control as joint venture with Apollo advances major national grid investment (IN BRIEF) RWE and Apollo Global Management have finalized their joint venture agreement involving RWE’s 25.1% stake in Amprion, one of Germany’s major electricity transmission system operators. Apollo has invested €3.2 billion for an equity position in the JV, with the funds to be reinvested in Amprion over the coming decade to finance large-scale grid expa…
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