Funds managed by Apollo acquired a majority stake in Onyx Renewables from Blackstone

Apollo Global Management is a leading global alternative investment manager. They invest across a range of industries and geographies, with a significant focus on infrastructure assets.

Onyx Renewables is a leading renewable energy company focused on developing, building, and operating solar and battery storage projects. Formed in 2016, the company aims to accelerate the clean energy transition by providing innovative and sustainable energy solutions, primarily across the United States. In 2023, funds managed by Apollo acquired a majority stake in Onyx from Blackstone.