Apollo Builds Energy Bet in Europe With $6.5 Billion Orsted Deal

Bloomberg•Tuesday, November 4, 2025 at 8:47:50 AM

Apollo Global Management has made a significant move in the European energy sector by investing $6.5 billion in Orsted's Hornsea 3 offshore wind farm in the UK. This deal highlights the growing interest and commitment of US private equity firms in renewable energy projects across Europe, which is crucial for the region's transition to sustainable energy sources. As the world increasingly focuses on combating climate change, investments like this not only bolster the economy but also pave the way for a greener future.

— Curated by the World Pulse Now AI Editorial System

Read Original

Was this article worth reading? Share it

Recommended Readings

Investing.coman hour ago

Europe’s STOXX 600 hits two-week lows on global risk-off mood, mixed earnings

NegativeFinancial Markets

Europe's STOXX 600 index has fallen to two-week lows, reflecting a global risk-off sentiment among investors. This downturn comes amid mixed earnings reports from various companies, raising concerns about economic stability. The decline in the index highlights the cautious approach investors are taking in response to uncertain market conditions, making it a significant moment for those tracking economic trends.

Read full article

via Investing.com

Bloombergan hour ago

Apollo’s Rowan Targets Retail-Focused Firms to Back Private Asset Growth

PositiveFinancial Markets

Read full article

via Bloomberg

Sky News2 hours ago

Former cost of living tsar Buttress quits Ovo after 18 months

NegativeFinancial Markets

In a surprising turn of events, former cost of living tsar, James Buttress, has resigned from his position at Ovo Energy after just 18 months. His departure raises concerns about the ongoing challenges in addressing the rising cost of living in the UK, especially as energy prices continue to soar. Buttress's insights were seen as crucial during a time when many households are struggling to make ends meet, making his exit a significant loss for the company and the broader conversation on energy affordability.

Read full article

via Sky News

MoneyWeek4 hours ago

UK state pension is least generous in the G7 – how do other rich countries compare?

NegativeFinancial Markets

The UK state pension is the least generous among G7 countries, providing British retirees with significantly lower benefits and for fewer years compared to their counterparts in other wealthy nations. This disparity raises concerns about the financial security of older citizens in the UK, especially as it contrasts with the lower tax burden on the working-age population. Understanding these differences is crucial as it highlights the challenges faced by retirees and the ongoing debate about pension reforms.

Read full article

via MoneyWeek

Bloomberg5 hours ago

Huge Private Credit Deals Are Coming to Europe Next, Ares Executive Says

PositiveFinancial Markets

Ares, a major player in the private credit market, anticipates that the trend of increasingly large deals will soon extend to Europe. This shift is significant as it highlights the growing confidence in European markets and the potential for substantial investment opportunities, which could lead to economic growth and innovation in the region.

Read full article

via Bloomberg

Investing.com6 hours ago

UK's Centrica completes 15% stake acquisition in Sizewell C

PositiveFinancial Markets

Centrica has successfully acquired a 15% stake in the Sizewell C nuclear power project in the UK, marking a significant step in the country's energy transition. This investment not only strengthens Centrica's position in the energy sector but also supports the UK's goal of increasing low-carbon energy sources. The Sizewell C project is expected to play a crucial role in providing reliable energy and reducing carbon emissions, making this acquisition a win for both Centrica and the environment.

Read full article

via Investing.com

Investing.com7 hours ago

UK’s Reeves paves way for tax rises in her next budget

NeutralFinancial Markets

UK's Shadow Chancellor Rachel Reeves has indicated that tax increases may be on the horizon in her upcoming budget. This move is significant as it reflects the government's approach to addressing economic challenges and funding public services. By signaling potential tax rises, Reeves aims to prepare the public for necessary fiscal adjustments, which could impact households and businesses alike.

Read full article

via Investing.com

Bloomberg7 hours ago

Apollo Profit Beats Estimates as Assets Approach $1 Trillion

PositiveFinancial Markets

Apollo Global Management Inc. has reported third-quarter earnings that exceeded Wall Street expectations, signaling strong performance as the firm approaches a significant milestone of $1 trillion in assets. This achievement not only highlights Apollo's robust investment strategies but also reflects growing confidence in the financial markets, making it a noteworthy development for investors and the industry.

Read full article

via Bloomberg

Latest from Financial Markets

The Wall Street Journalan hour ago

What to Know About SNAP Amid Fight Over Funding

NegativeFinancial Markets

The ongoing debate over SNAP funding has created significant anxiety among recipients, retailers, and food banks, as the possibility of suspended or delayed payments looms. This situation is critical because it affects millions who rely on these benefits for their daily sustenance, highlighting the urgent need for a resolution to ensure food security for vulnerable populations.

Read full article

via The Wall Street Journal

TheStreetan hour ago

Restaurant group with a 115-year history files Chapter 11 bankruptcy

NegativeFinancial Markets

A historic restaurant group with 115 years of service has filed for Chapter 11 bankruptcy, highlighting the ongoing challenges in the seafood industry. The high costs of sourcing and shipping seafood have made it difficult for many establishments to thrive. This situation not only affects the employees and owners but also reflects broader economic pressures on the restaurant sector, particularly for those specializing in expensive ingredients.

Read full article

via TheStreet

BBC Newsan hour ago

Move to reduce fuel duty increase fails

NegativeFinancial Markets

The recent proposal by Policy and Resources to increase fuel duty by 4.3% has faced significant opposition and ultimately failed. This decision is crucial as it directly impacts consumers and businesses, potentially leading to higher transportation costs and affecting the overall economy.

Read full article

via BBC News

Bloombergan hour ago

This Will Be the COP30 ‘Of Truth,’ Do Lago Says

NeutralFinancial Markets

Read full article

via Bloomberg

The Wall Street Journalan hour ago

Correction

NeutralFinancial Markets

David Bookbinder has stepped down from representing Boulder County, Colorado, in its ongoing climate lawsuit against Suncor Energy and Exxon Mobil. This change in legal representation could impact the county's strategy and approach in the case, which is significant as it addresses the pressing issues of climate change and corporate accountability.

Read full article

via The Wall Street Journal

Investing.coman hour ago

Embraer ADR earnings beat by $0.16, revenue topped estimates

PositiveFinancial Markets

Embraer has reported earnings that exceeded expectations by $0.16, along with revenues that topped estimates. This positive financial performance highlights the company's strong market position and effective management strategies, which are crucial for attracting investors and boosting confidence in the aerospace sector.

Read full article

via Investing.com