Finance
2.9GW project now 50% owned by Apollo
Investor says ‘strong operating performance’ has resulted in valuation increases within its global portfolio
Equity capital will come from a rights issue underwritten by Subsea 7 and two other biggest shareholders
NAV rose to €1.2bn in the first half of 2022 compared with €749m in the first half of last year
Infrastructure assets AAIF V will invest in include energy transition
Proceeds will enable the Danish developer to increase construction activity, says CEO
Funds will support delivery of 35GW of wind, solar, battery storage and green hydrogen projects
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