Apollo Explores Sale of Energos Infrastructure
Apollo Global Management is exploring sale options for Energos Infrastructure in a deal that could value the floating LNG provider at over 3 billion dollars. Abu Dhabi National Oil Companys investment arm is among the potential bidders for a stake in the company.
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APOLLO GLOBAL MANAGEMENT INC is exploring a sale of Energos Infrastructure in a transaction valuing the floating infrastructure provider at more than $3B, people familiar with the matter said late Wednesday morning. The private equity firm has held discussions with bidders regarding a full or partial exit from the venture. The potential divestment highlights private equity demand for midstream energy assets as global trade routes shift.
