Apollo and Standard Chartered Form $3B Partnership

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Apollo and Standard Chartered $3B Partnership

Apollo Global Management and Standard Chartered PLC have announced a $3 billion strategic partnership to accelerate clean energy and infrastructure financing globally. The collaboration, unveiled Tuesday, will leverage the strengths of Apollo’s sustainable investing platform, Apollo Clean Transition Capital, and Standard Chartered’s global banking expertise.

Driving Global Transition Financing

The partnership aims to address growing capital demands for next-generation infrastructure, renewable energy, and other transition assets. Both parties will contribute to the financing pool, combining their origination and distribution capabilities to advance sustainable projects.

“The global industrial renaissance is creating unprecedented capital demands across next-gen infrastructure, sustainable power, and other transition assets,” said Apollo Asset Management Co-President Jim Zelter. “This new agreement should accelerate our mutual financing and investment activity in these areas, and we are thrilled to do it in partnership with Standard Chartered.”

Role of Apterra in the Partnership

The partnership’s financing activities will be spearheaded by Apterra, an Apollo-owned platform established in 2023 to focus on structuring and deploying debt capital for infrastructure transactions. Since its inception, Apterra has executed over $4.8 billion in deals.