Apollo to invest $1.5 billion in Keppel Offshore Fund
APO•Transaction remains subject to approvals
The transaction remains subject to customary closing conditions, including regulatory approvals.
Apollo agrees to invest in new offshore energy vehicle
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 described as investment-grade and is positioned as an early structure of its kind in Southeast Asia’s offshore energy market.
