ares management corporation

Private equity firm Ares Management is leading an equity investment of up to US$600 million in SB Energy, the SoftBank-owned solar developer.

US commercial and industrial (C&I) PV developer DSD Renewables (DSD) has secured a US$200 million preferred equity investment from Ares Management Corporation to increase its growth.

Gigawatts of solar and wind plants from renewables developer Apex Clean Energy could be used to power a green hydrogen hub in Texas that would help decarbonise hard-to-abate industries.

Funds managed by private equity firm Ares Management Corporation have acquired a majority stake in US renewables developer Apex Clean Energy.

Solar deal is latest of a flurry by major US asset managers, joining the likes of Blackrock and Capital Dynamics.