Apollo Commits Up to $400 Million in New Commercial Solar Partnership With Summit Ridge Energy

Apollo Global Management has committed up to $400 million through its managed funds in a joint venture with Summit Ridge Energy to own and operate commercial solar assets across Illinois. The deal builds on a prior $175 million investment and supports over 2GW of solar projects nationwide. The partnership aims to enhance U.S. energy independence, provide savings to more than 40,000 customers, and create American jobs. Apollo’s investment contributes to its broader $58 billion commitment toward climate and energy transition-related initiatives.