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Apollo Global Management, Inc : Apollo s European Principal Finance Business to Acquire Real Estate Assets from ENPAM
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Губернатор Вирджинии Гленн Янгкин бросил работу своей мечты в Carlyle Group
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US Wind Seeks Approval for Wind Farm off Maryland
By Josh Saul (Bloomberg)
US Wind Inc. has submitted a bid to Maryland regulators to build a massive wind farm off the state’s shoreline, the latest proposal for such projects off the East Coast and a potential step closer to the Biden administration’s goal of eliminating carbon emissions from power plants.
The Momentum Wind farm would include up to 82 turbines producing about 1.2 gigawatts of power at full capacity, the company said in a statement Tuesday. Baltimore, Maryland-based US Wind also plans a steel-fabrication facility near the port city to build the foundations for its offshore turbines.
Special to The News-Star
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Lumen Technologies announced it has entered into a definitive agreement to sell its incumbent local exchange carrier business, also known as ILEC business, including its consumer, small business, wholesale and mostly copper-served enterprise customers and assets, in 20 states including Louisiana.
Lumen made the sale to funds managed by affiliates of Apollo Global Management, Inc. for $7.5 billion. The deal includes debt assumption of approximately $1.4 billion, and is subject to working capital and various other purchase price adjustments.
Under the terms of the transaction, Lumen will retain its ILEC assets in 16 states, as well as its national fiber routes and competitive local exchange carrier networks, also known as CLEC networks.
Apollo second-quarter earnings more than double on strong asset sales
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