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Tenneco Announces Completion of Strategic Investment to Accelerate Growth
GlobeNewswire News Room· 2025-04-30 20:30
NORTHVILLE, Mich., April 30, 2025 (GLOBE NEWSWIRE) -- Tenneco LLC (“Tenneco”) today completed the previously announced strategic investment into its Clean Air and Powertrain businesses from Apollo Fund X, with American Industrial Partners (AIP) investing alongside. This marks a significant milestone in Tenneco’s continued transformation and positions the company for its next chapter of growth as a leading global supplier in the mobility sector. Tenneco will continue to operate as one unified company, with n ...
Apollo to Present at the 2025 Barclays Americas Select Franchise Conference
GlobeNewswire· 2025-04-30 20:05
NEW YORK, April 30, 2025 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that Martin Kelly, Chief Financial Officer, will participate in a fireside chat at the Barclays Americas Select Franchise Conference on Wednesday, May 7, 2025 at 8:30 am EDT. A live webcast of the event will be available on Apollo’s Investor Relations website at ir.apollo.com. For those unable to join live, a replay will be available shortly after the event. About Apollo Apollo is a high-growth, global alternative asset manager. ...
Higher Expenses to Hurt Apollo's Q1 Earnings, AUM Growth to Aid
ZACKS· 2025-04-29 17:20
Apollo Global Management, Inc. (APO) is scheduled to announce first-quarter 2025 results on May 2, before market open. APO’s quarterly earnings and revenues are expected to have increased from the year-ago reported levels.In the last reported quarter, Apollo’s earnings surpassed the Zacks Consensus Estimate. Results were primarily aided by a rise in assets under management balances, along with a decline in expenses. However, lower revenues acted as headwinds in the quarter.APO’s earnings beat the consensus ...
Apollo Funds to Acquire Pan-European, Highly Interconnected Colocation Data Center Business from STACK Infrastructure, a portfolio company of Blue Owl Digital Infrastructure
GlobeNewswire· 2025-04-29 07:00
Core Viewpoint - Apollo has agreed to acquire the European colocation business developed and managed by STACK Infrastructure in a carve-out transaction, aiming to leverage its expertise and resources to accelerate growth in the data center sector [1][3]. Company Overview - The Company consists of seven data center assets located in five key European markets: Stockholm, Oslo, Copenhagen, Milan, and Geneva, catering to a diverse range of blue-chip enterprise clients including telecommunications carriers, IT services companies, and financial institutions [2]. Strategic Intent - The CEO of the Company expressed enthusiasm about partnering with Apollo to enhance growth as a standalone entity, emphasizing the potential to capitalize on industry tailwinds and deliver greater value to stakeholders [3]. - Apollo's partner highlighted the strong demand for data center infrastructure, particularly for high-quality, interconnected colocation businesses, viewing this acquisition as a long-term growth opportunity [3]. Operational Focus - STACK EMEA's CEO noted the establishment of a dedicated enterprise colocation business unit to meet the specialized needs of the hyperscale sector while ensuring continued support for former enterprise colocation clients [3]. - The management team and all employees from the EMEA colocation business are expected to transition with the Company, which will undergo rebranding and will no longer use the STACK Infrastructure name [3]. Transaction Details - The acquisition is subject to certain closing conditions, including regulatory approvals, with Latham & Watkins LLP serving as legal counsel to the Apollo Funds [4].
The More It Underperforms, The More I Buy
Seeking Alpha· 2025-04-27 16:00
Group 1 - Markets have experienced significant growth over the past several years, despite a challenging start in 2025, primarily driven by the rise of ChatGPT and strong performance from AI infrastructure companies like Nvidia [1] - Nvidia has been highlighted as a key player in the AI infrastructure sector, contributing to the overall market boom [1] Group 2 - The company invests substantial resources, including thousands of hours and over $100,000 annually, into identifying profitable investment opportunities [2] - The investment strategy has garnered over 180 five-star reviews from members, indicating a positive reception and effectiveness of the approach [2]
TeleVox Unveils End-to-End Call Analytics Solution Insights360
Newsfilter· 2025-04-23 13:00
Core Insights - TeleVox has launched Insights360, a cloud-based analytics solution designed to enhance patient call experiences by analyzing every aspect from dial to disconnect [1][3] - The technology records calls within the telecom network and generates patient-centered data, focusing on the customer's perspective rather than the agent's [3][4] Product Features - Insights360 provides customized analytics to identify specific challenges in healthcare organizations, enabling smarter self-service and reduced operational costs [4] - The solution offers actionable insights, such as identifying network connectivity issues, reasons for agent transfers, and analyzing repeat calls for better resolution [4] Industry Context - TeleVox serves over 7,000 healthcare organizations, integrating its patient relationship management platform with electronic health records to facilitate two-way interactions [6] - The company has been in operation for 30 years, focusing on improving healthcare communication and reducing the operational burden on staff [6][7] Upcoming Events - TeleVox will showcase Insights360 at the Becker's Healthcare Annual Meeting from April 28 to May 1 in Chicago, where attendees can participate in live demos and workshops [5]
Apollo Funds Form $220 Million Community Solar Joint Venture with Bullrock Energy Ventures
GlobeNewswire· 2025-04-23 12:14
NEW YORK and SOUTH BURLINGTON, Vt., April 23, 2025 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) and Bullrock Energy Ventures (“Bullrock”) today announced that Apollo-managed funds (the “Apollo Funds”) have committed to fund up to $220 million for a new joint venture partnership with Bullrock related to a portfolio of community solar assets located in New York and New England. $100 million of Apollo’s equity commitment will fund the development of Bullrock’s nearly 500 MW pipeline of renewable energy assets. Based ...
3 Dividend (Growth) Stocks Selling For 60 Cents On The Dollar
Seeking Alpha· 2025-04-22 11:30
Join iREIT on Alpha today to get the most in-depth research that includes REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, and other income alternatives. 438 testimonials and most are 5 stars. Nothing to lose with our FREE 2-week trial .The quote above is one of my all-time favorites. I have been thinking about it regularly since I read it for the firstAnalyst’s Disclosure: I/we have a beneficial long position in the shares of UNP, CP either through stock ownership, options, or other derivatives. I wrote this a ...
NovaSource and Doral Renewables Prepare to Deploy One of the US' Largest Agrivoltaics Facilities in Northwest Indiana
Prnewswire· 2025-04-21 13:00
Core Insights - NovaSource Power Services has partnered with Doral Renewables to provide Operations and Maintenance (O&M) and Generator Operator (GO) services for the Mammoth Solar Project, one of the largest agrivoltaics facilities in the U.S. [1][4] - The Mammoth Solar Project aims to deliver nearly 1.6 GWdc of clean energy through a multi-phase initiative that integrates solar power generation with agricultural use, enhancing land functionality and supporting local farmers [2][6]. Company Overview - NovaSource is the world's largest independent solar O&M provider, managing over 30 GW of solar assets globally and offering a comprehensive suite of services including data-driven strategies and advanced monitoring systems [7][8]. - Doral Renewables, based in Philadelphia, has a renewable energy portfolio exceeding 16 GW, with a focus on community engagement and agrivoltaics practices [9][10]. Project Details - The Mammoth Solar Project consists of four phases, with Mammoth North (480 MWdc) completed in Q4 2024, and Mammoth South (360 MWdc), Mammoth Central I (360 MWdc), and Mammoth Central II (360 MWdc) expected to achieve commercial operation in 2026 [2]. - The project is designed to allow local farmers to diversify their revenue streams while maximizing land use, thereby supporting sustainable farming practices [2][5]. Strategic Importance - The collaboration between NovaSource and Doral Renewables is positioned to set new industry benchmarks for scale, sustainability, and innovation in large-scale solar initiatives [4][6]. - NovaSource's expertise in O&M services and compliance will ensure the Mammoth Solar Project operates at its full potential, contributing to the growing demand for reliable energy [3][4].
Apollo Announces Changes to its Board of Directors
GlobeNewswire· 2025-04-17 20:05
Gary Cohn to join the Board as Lead Independent Director Outgoing Chair and Lead Independent Director Jay Clayton assuming role as interim US Attorney for SDNY NEW YORK, April 17, 2025 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced changes to its Board of Directors. Financial services leader Gary Cohn has been appointed to the Board as Lead Independent Director. Jay Clayton, who has served as Chair and Lead Independent Director since March 2021, has informed Apollo that he will assume the role of In ...