PE Deals

NFE and Apollo form $2bn LNG maritime JV

According to terms of the deal, NFE will sell 11 LNG infrastructure vessels to the JV.

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  • Apollo will own an 80 percent stake in the JV while NFE will own the remaining 20 percent
  • The deal is expected to close in the third quarter of this year
  • As of March 31, 2022, Apollo had approximately $513 billion of assets under management

New Fortress Energy Inc and Apollo have agreed to form a new joint venture for about $2 billion.

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