Apollo has entered into an agreement to acquire Argo Infrastructure Partners in a stock and cash transaction.
At closing, Argo will add approximately $6 billion of high-quality assets to the Apollo infrastructure platform, as well as an experienced team of more than 20 professionals focused on core and core plus infrastructure equity opportunities.
Established in 2013, Argo has a successful track record of long-term value creation in digital infrastructure, renewable energy, transportation, utilities and other industries. Argo’s focus on core and core plus infrastructure assets will broaden Apollo’s Sustainability & Infrastructure strategies and deepens Apollo’s existing origination capabilities within key sectors that Apollo believes will continue to benefit from robust investment, including digital infrastructure and the energy transition.
“We are excited to announce this agreement with Argo which will add capabilities that are highly complementary