Apollo Sees $50 Trillion Opportunity in Energy Transition
- Apollo sees an ‘industrial renaissance’ opportunity: Mapondera
- Private credit market has held up better than expected so far
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Apollo Global Management Inc. sees an “industrial renaissance” emerging as part of an energy transition investment opportunity worth $50 trillion over the coming decades, according to Leslie Mapondera, a partner at the private capital firm.
“Just in Europe there’s probably $1.8 trillion to be spent” between 2025 and 2030, Mapondera, the company’s co-head of European credit, said at the Bloomberg Intelligence credit market outlook conference in London on Thursday.