DL Energy to Acquire Minority Stake in CPV Fairview Energy Center from Apollo Infrastructure
NEW YORK and SEOUL, South Korea, Dec. 16, 2021 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) and DL Energy today announced that DL Energy has agreed to acquire a 25% equity interest in CPV Fairview Energy Center (CPV Fairview) from Apollo Infrastructure Funds.
- NEW YORK and SEOUL, South Korea, Dec. 16, 2021 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) and DL Energy today announced that DL Energy has agreed to acquire a 25% equity interest in CPV Fairview Energy Center (CPV Fairview) from Apollo Infrastructure Funds.
- The Apollo Funds invested in CPV Fairview in 2018, supporting the energy centers construction and strong operations since.
- CPV Fairview is well positioned to continue growing and serving the community under its existing and future new owners CPV, Osaka and DL Energy.
- As a result of the transaction, DL Energy will join CPV Fairviews existing equity owners Competitive Power Ventures (CPV) and Osaka Gas.