Apollo Launches Clean Transition Capital Strategy

Paul, Weiss advised Apollo in the formation of Apollo Clean Transition Capital (ACT Capital), an investment strategy that aims to redefine the capital market for climate solutions. ACT Capital, launched with $4 billion in deployable capital from Apollo affiliates and strategic partners, seeks to provide financing to support companies in their transition to clean energy and sustainable industry. ACT Capital will work alongside other strategies across Apollo’s Sustainable Investing platform, which targets deploying $50 billion in clean energy and climate capital by 2027.

The Paul, Weiss team included corporate partner Matthew Goldstein and Marco Masotti and counsel Jyoti Sharma, David Levine and David Sobel; and executive compensation counsel Jake Glazeski.