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Maroc Maroc - ENERGY PEDIA.COM - 16/Sep 11:10

Apollo partners with bp in Trans Adriatic Pipeline

Apollo Funds to become a non-controlling shareholder in bp Pipelines TAP Limited, an entity which holds a 20% stake in Trans Adriatic Pipeline AG. Provides Apollo exposure to a world-class energy asset; allows bp to unlock near-term value and capital for efficient reallocation.

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