Apollo has agreed to acquire a 50 percent stake in Broad Reach, a utility-scale energy storage and renewable energy platform. The sellers are EnCap, Yorktown Partners and Mercuria Energy. As part of ...
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Broad Reach was founded in 2019 Apollo acquired a 50 percent stake in the company and joined the board in December 2021 The transaction does not include the company’s portfolio of 1.8GW of solar and ...