 Bennett JonesClient Work Bennett Jones Advises Apollo Global Management on $200-Million Joint VentureOctober 16, 2020 Authors John M. MercuryExecutive Chair & Chair of the Board John LawlessPartner Colin R. PerryPartner Bennett Jones acted for Apollo Global Management, Inc., in connection with its joint venture investment in Great Bay Renewables, a subsidiary of Altius Minerals Corporation, a publicly traded company listed on the TSX. Apollo expects to invest up to US$200 million and will have the opportunity to acquire up to a 50% stake in Great Bay, the proceeds of which will be used by Great Bay to invest in prominent renewable energy development platforms in North America. Through the investment, Apollo’s infrastructure strategy becomes the first in its asset class to fund renewable royalties and expects to establish a leadership position in the space. The Bennett Jones team was led by John Mercury and included John Lawless and Colin Perry. Republishing Requests For permission to republish this or any other publication, contact Amrita Kochhar at kochhara@bennettjones.com. For informational purposes only This publication provides an overview of legal trends and updates for informational purposes only. For personalized legal advice, please contact the authors. AuthorsJohn M. Mercury, Executive Chair & Chair of the Board Calgary • 403.298.4493 • mercuryj@bennettjones.com John Lawless, Partner Calgary • 403.298.3035 • lawlessj@bennettjones.com Colin R. Perry, Partner Calgary • 403.298.3419 • perryc@bennettjones.com |