Apollo to invest $1.5 billion in Keppel Offshore Fund asset partnership - APO News | RalliesApollo to invest $1.5 billion in Keppel Offshore Fund asset partnership
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APO• Apollo agrees to invest $1.5 billion in Keppel Offshore Fund
- Apollo agreed to invest USD 1.5 billion in Keppel Offshore Fund, LP, a new vehicle holding offshore energy assets managed by Keppel.
- The deal is positioned as an investment-grade structured transaction, targeting growth in Southeast Asia’s offshore energy market.
- Closing remains subject to customary conditions, including regulatory approvals.
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