Apollo Funds to Acquire Eagle Creek Renewable Energy, One of the Largest U.S. Hydroelectric Power Platforms
Apollo (NYSE: APO) agreed to acquire Eagle Creek Renewable Energy, an independent owner and operator of hydroelectric facilities across the U.S.
Eagle Creek operates 85 hydroelectric facilities in 18 states with a nearly 700 MW portfolio that produces enough electricity to power over 260,000 homes. Financial terms were not disclosed. Closing is subject to customary conditions and regulatory approvals and is expected in Q1 2026.
Since 2022, Apollo-managed funds have committed, deployed, or arranged approximately $59 billion of energy transition-related investments; the firm maintains a TIF target of more than $100 billion by 2030.
Apollo (NYSE: APO) ha concordato di acquisire Eagle Creek Renewable Energy, proprietario e gestore indipendente di impianti idroelettrici negli Stati Uniti.
Eagle Creek gestisce 85 impianti idroelettrici in 18 stati con un portafoglio di quasi 700 MW che producono abbastanza energia per alimentare oltre 260.000 case. Non sono stati divulgati i termini finanziari. La chiusura è soggetta a condizioni abituali e approvazioni regolamentari e si prevede entro Q1 2026.
Dal 2022, i fondi gestiti da Apollo hanno impegnato, dispiegato o organizzato circa 59 miliardi di dollari di investimenti legati alla transizione energetica; la società mantiene un obiettivo TIF di oltre 100 miliardi di dollari entro il 2030.
Apollo (NYSE: APO) acordó adquirir Eagle Creek Renewable Energy, un propietario y operador independiente de instalaciones hidroeléctricas en EE. UU.
Eagle Creek opera 85 instalaciones hidroeléctricas en 18 estados con una cartera de casi 700 MW que produce suficiente electricidad para abastecer a más de 260,000 hogares. No se divulgaron los términos financieros. El cierre está sujeto a condiciones habituales y aprobaciones regulatorias y se espera en Q1 2026.
Desde 2022, los fondos administrados por Apollo han comprometido, desplegado u organizado aproximadamente 59 mil millones de dólares en inversiones relacionadas con la transición energética; la empresa mantiene un objetivo TIF de más de 100 mil millones de dólares para 2030.
Apollo (NYSE: APO)은 Eagle Creek Renewable Energy를 인수하기로 합의했습니다. Eagle Creek Renewable Energy는 미국 전역의 수력발전 시설을 독립적으로 소유하고 운영하는 회사입니다.
Eagle Creek는 18개 주에서 85개의 수력발전 시설을 운영하며 거의 700 MW의 포트폴리오를 보유하고 있어 260,000가구 이상에 전력을 공급합니다. 금융 조건은 공개되지 않았습니다. 거래 종결은 관례적 조건 및 규제 승인을 받아야 하며 2026년 1분기에 예상됩니다.
2022년부터 Apollo 관리 펀드는 약 590억 달러 규모의 에너지 전환 관련 투자를 약정, 배치 또는 주선해 왔습니다. 이 회사는 2030년까지 1000억 달러를 초과하는 TIF 목표를 유지합니다.
Apollo (NYSE: APO) a accepté d'acquérir Eagle Creek Renewable Energy, un propriétaire et opérateur indépendant d'installations hydroélectriques à travers les États-Unis.
Eagle Creek exploite 85 installations hydroélectriques dans 18 États avec un portefeuille d'environ 700 MW qui produit assez d'électricité pour alimenter plus de 260 000 foyers. Les conditions financières n'ont pas été divulguées. La finalisation est soumise aux conditions habituelles et aux approbations réglementaires et devrait intervenir au cours du 1er trimestre 2026.
Depuis 2022, les fonds gérés par Apollo ont engagé, déployé ou arrangé environ 59 milliards de dollars dans des investissements liés à la transition énergétique; la société maintient un objectif TIF de plus de 100 milliards de dollars d'ici 2030.
Apollo (NYSE: APO) hat sich darauf geeinigt, Eagle Creek Renewable Energy zu erwerben, einen unabhängigen Eigentümer und Betreiber von Wasserkraftanlagen in den USA.
Eagle Creek betreibt 85 Wasserkraftanlagen in 18 Bundesstaaten mit einem Portfolio von fast 700 MW, das genügend Strom erzeugt, um über 260.000 Haushalte zu versorgen. Finanzielle Bedingungen wurden nicht offengelegt. Der Abschluss unterliegt den üblichen Bedingungen und behördlichen Genehmigungen und wird voraussichtlich im 1. Quartal 2026 erfolgen.
Seit 2022 haben von Apollo verwaltete Fonds rund 59 Milliarden Dollar in Investitionen im Zusammenhang mit der Energiewende zugesagt, eingesetzt oder vermittelt; das Unternehmen verfolgt ein TIF-Ziel von mehr als 100 Milliarden Dollar bis 2030.
أبولو (المدرجة في نيويورك: APO) وافقت على شراء Eagle Creek Renewable Energy، وهي مالك ومشغل مستقل لمرافق الطاقة الكهرومائية عبر الولايات المتحدة.
تشغل Eagle Creek 85 منشأة كهرومائية في 18 ولاية بمحفظة تقارب 700 ميغاوات تولد طاقة كافية لتزويد أكثر من 260,000 منزل. لم تُفصح الشروط المالية. الإغلاق خاضع للظروف المعتادة والموافقات التنظيمية ومن المتوقع في الربع الأول من 2026.
منذ 2022، التزمت صناديق أ Apollo المدارة أو أسندت أو رتبت استثمارات بقيمة تقارب 59 مليار دولار أمريكي في مجال الاستثمارات المرتبطة بالانتقال إلى الطاقة؛ تحتفظ الشركة بهدف TIF يتجاوز 100 مليار دولار بحلول 2030.
Apollo (NYSE: APO) 同意收购 Eagle Creek Renewable Energy，一家在美国各地的独立拥有者和运营商的水电设施。
Eagle Creek 运营 85 座水电设施，遍布 18 个州，拥有近 700 兆瓦 的投资组合，能够为超过 260,000 户家庭 提供电力。未披露财务条款。交易完成需符合惯常条件及监管批准，预计在 2026 年第一季度 完成。
自 2022 年起，阿波罗管理的基金已承诺、部署或安排约 59 亿美元 的与能源转型相关的投资；公司保持一个超过 2030 年实现 1000 亿美元的 TIF 目标。
- Portfolio scale: 85 facilities across 18 states
- Capacity: nearly 700 MW of hydroelectric generation
- Output: powers over 260,000 homes
- Strategic fit: enhances Apollo's energy transition investments (≈$59B since 2022)
- Financial terms were not disclosed, reducing deal transparency
- Transaction requires regulatory approvals and customary conditions before closing in Q1 2026
Insights
Apollo's acquisition of Eagle Creek meaningfully expands its U.S. hydropower footprint and supports its energy transition commitments.
Apollo buys Eagle Creek Renewable Energy, adding 85 hydroelectric facilities across 18 states and ~700 MW of capacity. The platform produces enough electricity for over 260,000 homes and supplies low‑carbon, reliable baseload power used by data centers and industrial customers.
Key dependencies include customary closing conditions and regulatory approvals, with completion expected in
NEW YORK, Oct. 06, 2025 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that Apollo-managed funds (the "Apollo Funds") have agreed to acquire Eagle Creek Renewable Energy ("Eagle Creek" or the "Company"), a leading independent owner and operator of hydroelectric facilities across the U.S. Financial terms were not disclosed.
Eagle Creek owns and operates 85 hydroelectric facilities across 18 states, providing renewable power to support rapidly growing energy demand from data center infrastructure and the Industrial Renaissance in the U.S. Hydropower is differentiated as a low carbon reliable energy source with baseload capabilities. The Company’s nearly 700 MW portfolio makes it one of the largest and most diversified independent hydro platforms in the country, and its facilities produce enough electricity to power over 260,000 homes.
“The Eagle Creek team have built one of the leading independent hydro portfolios in the U.S., with a strong safety and performance track record and a diversified footprint,” said Joseph Romeo, Partner at Apollo. “We see significant opportunity to support the business in its next phase—further expanding the platform and providing reliable, clean power generation to meet the growth in demand. We look forward to bringing our network and significant industry experience to bear alongside this highly experienced team as we seek to accelerate growth.”
“We’re incredibly proud of the platform our team has built to date, providing clean, reliable power to communities, utilities and businesses across the U.S.,” said Neal Simmons, Chief Executive Officer of Eagle Creek. “With the Apollo team’s support, we look forward to building on that foundation, strengthening our operations and finding new ways to serve the growing needs of our customers.”
Since 2022, Apollo-managed funds and affiliates have committed, deployed, or arranged approximately
The transaction is subject to customary closing conditions, including the receipt of regulatory approvals, and is expected to be completed in the first quarter of 2026.
BMO Capital Markets served as financial advisor and Vinson & Elkins served as legal counsel to Apollo Funds.
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1. As of June 30, 2025. The firmwide target (the “Target”) to deploy, commit, or arrange capital commensurate with Apollo’s proprietary Transition Investment Framework (“TIF”) is more than
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 June 30, 2025, Apollo had approximately
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
FAQ
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