Funds managed by Apollo Global Management, Inc. (NYSE:APO) acquired remaining 20% stake in Energos Infrastructure Management, LLC from New Fortress Energy Inc. (NasdaqGS:NFE) on February 14, 2024. New Fortress Energy Inc. intends to use net proceeds from this transaction for general corporate purposes, including repaying debt and investing in accretive downstream projects. Dan Komarek, Patrick Whelan, Ron Nardini, Jason McIntosh of Vinson & Elkins LLP acted as legal advisor to Apollo Global Management, Inc.

Funds managed by Apollo Global Management, Inc. (NYSE:APO) completed the acquisition of remaining 20% stake in Energos Infrastructure Management, LLC from New Fortress Energy Inc. (NasdaqGS:NFE) for approximately $140 million on February 14, 2024.