• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Helper
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees for your businessNEW
    Legal
    Terms of usePrivacy policyCookie policy

    Relevate Acquires Gravity Renewables, Doubling Sustainable Baseload Power Capacity and Strengthening Industry Leadership

    12/5/24 9:00:00 AM ET
    $APO
    Investment Managers
    Finance
    Get the next $APO alert in real time by email

    MANHATTAN, N.Y., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Relevate Power ("Relevate"), a leader in the redevelopment of run-of-river hydropower assets, announced its acquisition of Gravity Renewables, with financing provided by funds managed by Apollo (NYSE:APO). The acquisition adds 40 MW of high-quality assets to Relevate Power's portfolio, more than doubling the company's power generation capacity and bringing on board an experienced operating team.

    This acquisition strengthens Relevate Power's footprint in the Northeastern United States, where the company's 21 legacy plants are located, and where it plans to locate its new remote operations center. Along with Gravity's 15 hydroelectric plants and one solar project, the acquired assets have been awarded over $20 million in grants from the Department of Energy.

    "We are excited to welcome Gravity's people and assets into the Relevate Power family," said Matthew Wenger, CEO of Relevate Power. "We look forward to working together with our new colleagues and investing to enhance, preserve, and protect these essential and historic assets for the benefit of the communities we serve."

    Goksenin Ozturkeri, Chief Investment Officer and deal lead at Relevate Power, highlighted the strategic importance of the deal: "This acquisition is a game-changer for Relevate. This is the first of many acquisitions in our pipeline as we focus on consolidating a fragmented market and seek to capitalize on further growth opportunities with Apollo."

    As part of the transaction, an Apollo representative will join Relevate Power's Board of Directors, reinforcing a shared commitment to advancing clean energy solutions.

    "We are excited to enter the distributed hydro space and mark the beginning of a broader relationship with Relevate," said Brad Fierstein, Partner at Apollo. "We believe hydropower is an attractive sector that offers significant growth potential and strong alignment with the energy transition."

    Benjamin Baker, Managing Director at Greenbacker Development Opportunities Fund, an investor in Relevate, shared: "The acquisition of Gravity Renewables is transformational for Relevate Power, highlighting the increasing need for distributed sustainable baseload power in our generation mix. We are also pleased to welcome Apollo to the board of Relevate and look forward to expanding our relationship."

    King and Spalding and The West Firm served as legal advisors to Relevate Power, while Vinson & Elkins served as legal advisor to Apollo Funds.

    About Relevate Power

    Founded in 2022 from the merger of Independent Power Producers Dichotomy Power and Clear Energy, along with the power marketing firm Standard Power, Relevate Power is committed to redeveloping underutilized hydropower plants, providing affordable, clean energy to rural America's most impactful organizations. The company is backed by Greenbacker Development Opportunities Fund I, LP. and Aegon Asset Management Real Assets.

    For more information, visit www.RelevatePower.com.

    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 September 30, 2024, Apollo had approximately $733 billion of assets under management. To learn more, please visit www.apollo.com.

    About Greenbacker Development Opportunities Fund

    Greenbacker Development Opportunities is a middle-market private equity strategy that invests in growing sustainable infrastructure platforms serving high-value markets across the US. The strategy is managed by Greenbacker Capital Management, LLC.

    For more information, please visit https://greenbackercapital.com/greenbacker-development-opportunities.

    Media Contact

    Silverline Communications

    Claire Underwood

    [email protected]



    Primary Logo

    Get the next $APO alert in real time by email

    Crush Q3 2025 with the Best AI Executive Assistant

    Stay ahead of the competition with Tailforce.ai - your AI-powered business intelligence partner.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Tailforce.ai

    Q&A

    New
    • What significant acquisition did Relevate Power announce?

      Relevate Power acquired Gravity Renewables, which will more than double their power generation capacity by adding 40 MW of high-quality assets.

    • How does the acquisition affect Relevate Power's operational footprint?

      Relevate Power's acquisition significantly strengthens its presence in the Northeastern United States, where it already operates 21 legacy plants and plans for a new remote operations center.

    • What key resources and support come with the assets acquired from Gravity Renewables?

      The acquisition is notable for the added experienced operating team and the over $20 million in grants from the Department of Energy linked to the acquired assets.

    • What future plans did Relevate Power outline following the acquisition?

      Goksenin Ozturkeri, Relevate Power's Chief Investment Officer, indicated that this is just the beginning of their acquisition strategy aimed at tapping into a fragmented market for further growth, supported by Apollo.

    • What role will Apollo Funds play in Relevate Power post-acquisition?

      Apollo Funds will have a representative join Relevate Power's Board of Directors, signaling a commitment to advance clean energy solutions and highlighting the collaborative nature of their relationship.

    Recent Analyst Ratings for
    $APO

    DatePrice TargetRatingAnalyst
    4/10/2025$173.00Strong Buy
    Raymond James
    11/19/2024$188.00Overweight
    Piper Sandler
    9/25/2024$139.00Outperform
    Wolfe Research
    9/12/2024$132.00Overweight
    Wells Fargo
    8/27/2024$153.00Buy
    Redburn Atlantic
    8/6/2024$123.00Neutral → Buy
    BofA Securities
    2/28/2024$122.00Overweight
    JP Morgan
    1/4/2024$115.00Outperform
    TD Cowen
    More analyst ratings

    $APO
    SEC Filings

    See more
    • SEC Form 144 filed by Apollo Global Management Inc. (New)

      144 - Apollo Global Management, Inc. (0001858681) (Subject)

      2/12/24 5:03:43 PM ET
      $APO
      Investment Managers
      Finance
    • SEC Form 144 filed by Apollo Global Management Inc. (New)

      144 - Apollo Global Management, Inc. (0001858681) (Subject)

      2/12/24 4:49:13 PM ET
      $APO
      Investment Managers
      Finance
    • Apollo Global Management Inc. (New) filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits

      8-K - Apollo Global Management, Inc. (0001858681) (Filer)

      2/8/24 6:30:30 AM ET
      $APO
      Investment Managers
      Finance

    $APO
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Krongard A B bought $86,719 worth of shares (1,009 units at $85.95), increasing direct ownership by 1% to 77,608 units (SEC Form 4)

      4 - Apollo Global Management, Inc. (0001858681) (Issuer)

      11/7/23 4:30:02 PM ET
      $APO
      Investment Managers
      Finance

    $APO
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Belardi James Richard was granted 68,363 shares and covered exercise/tax liability with 46,802 shares (SEC Form 4)

      4 - Apollo Global Management, Inc. (0001858681) (Issuer)

      2/13/24 6:22:55 PM ET
      $APO
      Investment Managers
      Finance
    • Kelly Martin sold $1,527,326 worth of shares (14,000 units at $109.09), gifted 2,067 shares and was granted 10,480 shares, decreasing direct ownership by 2% to 364,505 units (SEC Form 4)

      4 - Apollo Global Management, Inc. (0001858681) (Issuer)

      2/13/24 5:20:19 PM ET
      $APO
      Investment Managers
      Finance
    • Tanguy Louis-Jacques was granted 8,481 shares, increasing direct ownership by 44% to 27,932 units (SEC Form 4)

      4 - Apollo Global Management, Inc. (0001858681) (Issuer)

      2/13/24 5:23:45 PM ET
      $APO
      Investment Managers
      Finance

    $APO
    Leadership Updates

    Live Leadership Updates

    See more
    • Apollo Names Brian Chu Head of Apollo Portfolio Performance Solutions

      NEW YORK, July 07, 2025 (GLOBE NEWSWIRE) -- Apollo (NYSE:APO) today announced that Brian Chu has joined the firm as a Partner and Head of Apollo Portfolio Performance Solutions (APPS). In this role, Chu will lead APPS' mission to deliver strategic and hands-on operational support across Apollo's private equity portfolio. He will build on the team's established value creation model, which combines generalist operating partners and deep functional expertise to unlock transformational growth opportunities for Apollo's funds' portfolio companies. Chu brings more than 20 years of experience in operational leadership and private equity to Apollo. He most recently served as Senior Managing Dire

      7/7/25 8:00:00 AM ET
      $APO
      Investment Managers
      Finance
    • Apollo Announces Olympus Housing Capital

      NEW YORK, June 30, 2025 (GLOBE NEWSWIRE) -- Apollo (NYSE:APO) today announced the launch of Olympus Housing Capital ("Olympus" or the "Company"), a new homebuilder finance strategy. Olympus is an affiliate of Apollo and focuses on providing capital solutions to homebuilders across the United States to finance land acquisition and development work required to transform entitled residential land into finished lots ready for home construction. Olympus is led by CEO Andrew Brausa, an industry veteran with more than two decades of experience in residential housing. Olympus operates at the intersection of multiple secular tailwinds including the structural under-supply of single-family homes an

      6/30/25 8:00:00 AM ET
      $APO
      Investment Managers
      Finance
    • Apollo Names Celia Yan as Head of Hybrid for Asia Pacific

      HONG KONG, June 26, 2025 (GLOBE NEWSWIRE) -- Apollo (NYSE:APO) today announced that Celia Yan has joined the firm as a Partner and Head of Hybrid for Asia Pacific. Based in Hong Kong, Yan will lead the expansion of Apollo's hybrid platform across the region, building on the firm's momentum in delivering flexible, tailored capital solutions across private markets. Apollo's hybrid business focuses on delivering creative, partnership-driven solutions that sit between traditional debt and equity. We provide solutions that help companies fund growth initiatives, generate liquidity and deleverage balance sheets, among other bespoke applications. In this newly created role, Yan will drive origin

      6/25/25 5:00:00 PM ET
      $APO
      Investment Managers
      Finance

    $APO
    Financials

    Live finance-specific insights

    See more
    • Brightstar Lottery Completes Sale of Gaming & Digital Business and Announces $1.1 billion Capital Return to Shareholders

      The Company will remain listed on the New York Stock Exchange, trading under its new ticker symbol, BRSL, beginning July 2, 2025$1.1 billion capital return to shareholders comprised of $3.00 per share special cash dividend and $500 million share repurchase authorization$2.0 billion in debt reduction concentrated on near-term maturitiesLONDON, July 1, 2025 /PRNewswire/ -- International Game Technology PLC (NYSE: IGT), doing business as Brightstar Lottery ("Brightstar," the "Company"), announced it has completed the sale of its Gaming & Digital business to a holding company owned by funds managed by affiliates of Apollo Global Management, Inc. (NYSE:APO) on July 1, 2025. Effective July 2, 2025

      7/1/25 10:52:00 AM ET
      $APO
      $IGT
      Investment Managers
      Finance
      Services-Misc. Amusement & Recreation
      Consumer Discretionary
    • Apollo Reports First Quarter 2025 Results

      NEW YORK, May 02, 2025 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE:APO) (together with its consolidated subsidiaries, "Apollo") today reported results for the first quarter ended March 31, 2025. Marc Rowan, Chairman and Chief Executive Officer at Apollo said, "Our first quarter results highlight Apollo's strengths and our ability to navigate shifting market conditions. In Asset Management, we generated record organic inflows, strong origination volume, and delivered solid investment performance across all major strategies. In Retirement Services, consistent with our longstanding approach of positioning the business to seize opportunity, we accelerated new business growt

      5/2/25 6:30:00 AM ET
      $APO
      Investment Managers
      Finance
    • Athene Announces Fixed Income Investor Call

      WEST DES MOINES, Iowa, April 16, 2025 (GLOBE NEWSWIRE) -- Athene Holding Ltd. ("Athene"), a subsidiary of Apollo Global Management, Inc. (NYSE:APO), announced it will host a Fixed Income Investor Call on Monday, May 12, 2025 at 10:00AM ET. The call will feature members of Athene's senior management team, who will provide an update on current business trends, new business origination, the investment portfolio, and capital. An accompanying presentation, live webcast, and webcast replay will be available on the Investor Relations section of Athene's website at ir.athene.com. Conference Call Details:Dial-in: Toll-free at 877-404-1236 (domestic) or + 1 215-268-9888 (international) About Ath

      4/16/25 4:30:00 PM ET
      $APO
      Investment Managers
      Finance

    $APO
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G/A filed by Apollo Global Management Inc. (New) (Amendment)

      SC 13G/A - Apollo Global Management, Inc. (0001858681) (Subject)

      2/13/24 4:55:49 PM ET
      $APO
      Investment Managers
      Finance
    • SEC Form SC 13G/A filed by Apollo Global Management Inc. (New) (Amendment)

      SC 13G/A - Apollo Global Management, Inc. (0001858681) (Subject)

      2/9/24 6:14:13 PM ET
      $APO
      Investment Managers
      Finance
    • SEC Form SC 13D/A filed by Apollo Global Management Inc. (New) (Amendment)

      SC 13D/A - Apollo Global Management, Inc. (0001858681) (Subject)

      2/7/24 4:30:32 PM ET
      $APO
      Investment Managers
      Finance

    $APO
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Apollo Names Brian Chu Head of Apollo Portfolio Performance Solutions

      NEW YORK, July 07, 2025 (GLOBE NEWSWIRE) -- Apollo (NYSE:APO) today announced that Brian Chu has joined the firm as a Partner and Head of Apollo Portfolio Performance Solutions (APPS). In this role, Chu will lead APPS' mission to deliver strategic and hands-on operational support across Apollo's private equity portfolio. He will build on the team's established value creation model, which combines generalist operating partners and deep functional expertise to unlock transformational growth opportunities for Apollo's funds' portfolio companies. Chu brings more than 20 years of experience in operational leadership and private equity to Apollo. He most recently served as Senior Managing Dire

      7/7/25 8:00:00 AM ET
      $APO
      Investment Managers
      Finance
    • Brightstar Lottery Completes Sale of Gaming & Digital Business and Announces $1.1 billion Capital Return to Shareholders

      The Company will remain listed on the New York Stock Exchange, trading under its new ticker symbol, BRSL, beginning July 2, 2025$1.1 billion capital return to shareholders comprised of $3.00 per share special cash dividend and $500 million share repurchase authorization$2.0 billion in debt reduction concentrated on near-term maturitiesLONDON, July 1, 2025 /PRNewswire/ -- International Game Technology PLC (NYSE: IGT), doing business as Brightstar Lottery ("Brightstar," the "Company"), announced it has completed the sale of its Gaming & Digital business to a holding company owned by funds managed by affiliates of Apollo Global Management, Inc. (NYSE:APO) on July 1, 2025. Effective July 2, 2025

      7/1/25 10:52:00 AM ET
      $APO
      $IGT
      Investment Managers
      Finance
      Services-Misc. Amusement & Recreation
      Consumer Discretionary
    • TeleVox Launches Innovative Planned Outreach Program, Expanding Access to Proactive Patient Care for Small Practices

      OMAHA, Neb., July 01, 2025 (GLOBE NEWSWIRE) -- TeleVox, the industry-leading provider of omnichannel patient relationship management platforms, is addressing the outreach gap in patient care with the launch of the Planned Outreach Program. This new solution, integrated within the award-winning TeleVox Practice Edition platform, is designed to drive patient engagement results for small practices with smart, automated outreach. TeleVox Practice Edition offers a suite of services designed specifically to help physicians and their staff overcome common industry challenges, including inefficient scheduling processes, poor communication, low retention, and reputation management, using the lat

      7/1/25 9:00:14 AM ET
      $APO
      Investment Managers
      Finance

    $APO
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Raymond James initiated coverage on Apollo Global Management with a new price target

      Raymond James initiated coverage of Apollo Global Management with a rating of Strong Buy and set a new price target of $173.00

      4/10/25 12:40:27 PM ET
      $APO
      Investment Managers
      Finance
    • Piper Sandler initiated coverage on Apollo Global Management with a new price target

      Piper Sandler initiated coverage of Apollo Global Management with a rating of Overweight and set a new price target of $188.00

      11/19/24 7:16:40 AM ET
      $APO
      Investment Managers
      Finance
    • Wolfe Research initiated coverage on Apollo Global Management with a new price target

      Wolfe Research initiated coverage of Apollo Global Management with a rating of Outperform and set a new price target of $139.00

      9/25/24 7:18:10 AM ET
      $APO
      Investment Managers
      Finance