Apollo (NYSE: APO) and Santander have announced a partnership where Apollo-managed funds will invest in a $370 million infrastructure credit portfolio. The transaction was led by Apterra, Apollo’s infrastructure financing solutions affiliate founded in 2023.
The partnership demonstrates Apollo’s capability to provide customized financing solutions while supporting Santander’s strategy to rotate assets and maximize profitability. Apollo has deployed over $40 billion in energy transition and climate-related investments over the past five years, targeting $50 billion in clean energy and climate investments through 2027, with potential to deploy over $100 billion by 2030.
Apollo (NYSE: APO) e Santander hanno annunciato una partnership in cui i fondi gestiti da Apollo investiranno in un portafoglio di crediti infrastrutturali da 370 milioni di dollari. La transazione è stata guidata da Apterra, l’affiliato di Apollo specializzato in soluzioni di finanziamento infrastrutturale, fondato nel 2023.
Questa partnership dimostra la capacità di Apollo di fornire soluzioni di finanziamento personalizzate, sostenendo al contempo la strategia di Santander di ruotare gli asset e massimizzare la redditività. Negli ultimi cinque anni, Apollo ha investito oltre 40 miliardi di dollari nella transizione energetica e in investimenti legati al clima, puntando a 50 miliardi di dollari in investimenti in energia pulita e clima entro il 2027, con la possibilità di investire oltre 100 miliardi di dollari entro il 2030.
Apollo (NYSE: APO) y Santander han anunciado una alianza donde los fondos gestionados por Apollo invertirán en un portafolio de crédito de infraestructura de 370 millones de dólares. La transacción fue liderada por Apterra, la afiliada de soluciones de financiación de infraestructura de Apollo, fundada en 2023.
Esta asociación demuestra la capacidad de Apollo para ofrecer soluciones de financiación personalizadas mientras apoya la estrategia de Santander de rotar activos y maximizar la rentabilidad. En los últimos cinco años, Apollo ha desplegado más de 40 mil millones de dólares en inversiones relacionadas con la transición energética y el clima, con un objetivo de 50 mil millones de dólares en inversiones en energía limpia y clima hasta 2027, con el potencial de desplegar más de 100 mil millones de dólares para 2030.
아폴로 (NYSE: APO)와 산탄데르가 파트너십을 발표했으며, 아폴로 관리 펀드가 3억 7천만 달러 규모의 인프라 신용 포트폴리오에 투자할 것입니다. 이번 거래는 2023년에 설립된 아폴로의 인프라 금융 솔루션 자회사인 아페타라가 주도했습니다.
이번 파트너십은 아폴로가 맞춤형 금융 솔루션을 제공할 수 있는 능력을 보여주면서 산탄데르의 자산 회전 및 수익성 극대화 전략을 지원합니다. 아폴로는 지난 5년 동안 에너지 전환 및 기후 관련 투자에 400억 달러 이상을 투입했으며, 2027년까지 500억 달러의 청정 에너지 및 기후 투자를 목표로 하고 있으며, 2030년까지 1000억 달러 이상을 투입할 가능성이 있습니다.
Apollo (NYSE: APO) et Santander ont annoncé un partenariat dans lequel les fonds gérés par Apollo investiront dans un portefeuille de crédit d’infrastructure de 370 millions de dollars. La transaction a été menée par Apterra, la filiale d’Apollo spécialisée dans les solutions de financement d’infrastructure, fondée en 2023.
Ce partenariat démontre la capacité d’Apollo à fournir des solutions de financement sur mesure tout en soutenant la stratégie de Santander visant à faire tourner les actifs et à maximiser la rentabilité. Au cours des cinq dernières années, Apollo a déployé plus de 40 milliards de dollars dans des investissements liés à la transition énergétique et au climat, visant 50 milliards de dollars en investissements dans les énergies propres et le climat d’ici 2027, avec un potentiel de déploiement de plus de 100 milliards de dollars d’ici 2030.
Apollo (NYSE: APO) und Santander haben eine Partnerschaft bekannt gegeben, in der von Apollo verwaltete Fonds in ein 370 Millionen Dollar umfassendes Infrastruktur-Kreditportfolio investieren werden. Die Transaktion wurde von Apterra, dem 2023 gegründeten Tochterunternehmen von Apollo für Infrastrukturfinanzierungslösungen, geleitet.
Die Partnerschaft zeigt die Fähigkeit von Apollo, maßgeschneiderte Finanzierungslösungen anzubieten und gleichzeitig die Strategie von Santander zu unterstützen, Vermögenswerte zu rotieren und die Rentabilität zu maximieren. In den letzten fünf Jahren hat Apollo über 40 Milliarden Dollar in Investitionen zur Energiewende und im Zusammenhang mit dem Klimawandel investiert und zielt darauf ab, bis 2027 50 Milliarden Dollar in saubere Energie und Klimainvestitionen zu investieren, mit dem Potenzial, bis 2030 über 100 Milliarden Dollar zu investieren.
Positive
- Secured $370 million infrastructure credit portfolio investment
- Strategic partnership with major bank Santander
- Track record of $40 billion deployment in energy transition investments
- Clear growth targets with $50 billion deployment goal by 2027
Insights
This
The infrastructure financing market presents substantial growth opportunities, driven by global demands for energy transition and climate-related investments. This deal highlights the increasing trend of partnerships between traditional banks and alternative asset managers, creating innovative financing solutions for large-scale infrastructure projects. The transaction demonstrates Apollo’s strategic positioning to capture market share in sustainable infrastructure financing, a sector experiencing significant tailwinds from global climate initiatives and regulatory support. The establishment of Apterra as a specialized platform shows Apollo’s commitment to developing dedicated expertise in this growing market segment. With infrastructure spending expected to increase globally, particularly in clean energy and climate-related projects, this partnership model could become increasingly common as banks seek to optimize capital deployment while maintaining exposure to attractive infrastructure assets.
NEW YORK, Dec. 09, 2024 (GLOBE NEWSWIRE) — Apollo (NYSE: APO) and Santander today announced that Apollo-managed funds and affiliates have agreed to invest in an approximately
Apollo Partner and President of ACT Capital Samuel Feinstein said, “We are pleased to announce this transaction with Santander, which builds on our longstanding relationship and demonstrates the type of bespoke financing solutions that Apollo can provide to our banking partners and corporate clients. We have high conviction in the infrastructure finance opportunity globally given the large capital demands that will continue to drive investment in the sector and see continued opportunity to collaborate with Santander in the space.”
Marcel Patino, Global Head of Private Debt Mobilization at Santander said, “As we continue to execute on our strategy to proactively rotate assets and maximize profitability, we are pleased to partner with Apollo and Apterra on this portfolio transaction. We remain committed to private debt mobilization to generate additional capital for profitable growth as we continue to accelerate our business transformation efforts.”
Over the past five years, Apollo has deployed over
About Apollo
Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade credit to private equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of September 30, 2024, Apollo had approximately
About Santander
Banco Santander (SAN SM) is a leading commercial bank, founded in 1857 and headquartered in Spain and one of the largest banks in the world by market capitalization. The group’s activities are consolidated into five global businesses: Retail & Commercial Banking, Digital Consumer Bank, Corporate & Investment Banking (CIB), Wealth Management & Insurance and Payments (PagoNxt and Cards). This operating model allows the bank to better leverage its unique combination of global scale and local leadership. Santander aims to be the best open financial services platform providing services to individuals, SMEs, corporates, financial institutions and governments. The bank’s purpose is to help people and businesses prosper in a simple, personal and fair way. Santander is building a more responsible bank and has made a number of commitments to support this objective, including raising
[i] As of June 30, 2024. Deployment commensurate with Apollo’s proprietary Climate and Transition Investment Framework, which provides guidelines and metrics with respect to the definition of a climate or transition investment. Reflects (a) for equity investments: (i) total enterprise value at time of signed commitment for initial equity commitments; (ii) additional capital contributions from Apollo funds and co-invest vehicles for follow-on equity investments; and (iii) contractual commitments of Apollo funds and co-invest vehicles at the time of initial commitment for preferred equity investments; (b) for debt investments: (i) total facility size for Apollo originated debt, warehouse facilities, or fund financings; (ii) purchase price on the settlement date for private non-traded debt; (iii) increases in maximum exposure on a period-over-period basis for publicly-traded debt; (iv) total capital organized on the settlement date for syndicated debt; and (v) contractual commitments of Apollo funds and co-invest vehicles as of the closing date for real estate debt; (c) for SPACs, the total sponsor equity and capital organized as of the respective announcement dates; (d) for platform acquisitions, the purchase price on the signed commitment date; and (e) for platform originations, the gross origination value on the origination date.
Apollo Contacts
Noah Gunn
Global Head of Investor Relations
Apollo Global Management, Inc.
(212) 822-0540
IR@apollo.com
Joanna Rose
Global Head of Corporate Communications
Apollo Global Management, Inc.
(212) 822-0491
Communications@apollo.com
Santander:
comunicacion@gruposantander.com
FAQ
What is the value of Apollo’s (APO) infrastructure portfolio financing deal with Santander?
Apollo (APO) and Santander announced a $370 million infrastructure portfolio financing deal.
How much has Apollo (APO) invested in energy transition and climate-related investments over the past five years?
Apollo (APO) has deployed over $40 billion in energy transition and climate-related investments over the past five years.
What is Apollo’s (APO) clean energy investment target through 2027?
Apollo (APO) targets deploying $50 billion in clean energy and climate investments through 2027.
When was Apterra, Apollo’s (APO) infrastructure financing affiliate, founded?
Apterra, Apollo’s infrastructure financing affiliate, was founded in 2023.