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Apollo Funds to Acquire Stake in U.S. Wind to Fund Offshore Project

from Power Technology

Apollo Funds to Acquire Stake in U.S. Wind to Fund Offshore Project Power Technology Apollo Global Management has announced that its affiliates have acquired a stake in offshore wind energy development company U.S. Wind. As part of this, the company will invest up to $265 million through convertible debt and equity to acquire an equity stake in U.S. Wind. It will also fund the development and construction of a wind energy project off the coast of Maryland, U.S. READ MORE

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