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To leave its mark on the energy transition, green hydrogen has more obstacles to overcome – including its cost and risk profile.
While solar has enjoyed a dominant role in the US renewables space, supply chain and regulatory issues are posing a threat to future progress.
The Meridiam-led project reached an agreement with the State of Maryland to seal a new $2.7bn financial close and procure a new design-build contractor.
The sale, following the disposal of its Australian infra business to Dexus, will end AMP’s involvement in private markets funds management.
The fundraising specialist arrives at Apollo amid an anticipated launch of a third infrastructure vehicle later this year.
ASF VIII Infrastructure has already invested 30% of its capital, including acquiring a $1.5bn portfolio offloaded by insurer Northwestern Mutual.
Michael Ryder joined from OMERS to lead the expansion, which he tells us will target the region’s ‘underserved mid-market’.
The departures follow on from the recent exit of Tom Murray, who was managing director for the group’s credit business and had joined from Apollo in 2019.
Apollo and DigitalBridge are said to be eyeing AMP's international infra equity business with Dexus bidding for its domestic real estate and infra units.
The firm’s decision to partner with South Korean company TopInfra to form new venture Aquila Development Partners marks a change in Aquila’s usual APAC approach.