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Apollo Funds Form $220 Million Community Solar Joint Venture with Bullrock Energy Ventures
APOApollo Management(APO) 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 220millionforanewjointventurepartnershipwithBullrockrelatedtoaportfolioofcommunitysolarassetslocatedinNewYorkandNewEngland.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 ...