Epiidosis Investments is excited to announce a strategic partnership with Apollo Green Energy Limited (AGEL), a prominent player in renewable energy, EPC projects, and international trading under the esteemed Apollo Group. This partnership is set to accelerate the development and execution of sustainable energy projects, leveraging the strengths of both companies in finance, technology, and industry expertise.
Apollo Green Energy, founded in 1994, has demonstrated remarkable growth in recent years, with revenues soaring from USD 82.56 million in FY 2022-23 to USD 141.81 million in FY 2023-24. With an order book exceeding USD 433.73 million, AGEL is poised for continued expansion, focusing on large-scale infrastructure projects within renewable energy, power, and logistics across both domestic and international markets.
Key Objectives of the Strategic Partnership:
- Accelerated Sustainable Growth: This partnership will facilitate the acceleration of AGEL’s renewable energy projects, fostering the growth of clean energy solutions through joint initiatives. Epiidosis will contribute strategic resources and expertise, positioning both companies to seize new opportunities in the fast-growing sustainable energy sector.
- Financial Empowerment: Epiidosis Investments will provide financial support to propel Apollo Green Energy’s projects forward. This investment will allow AGEL to advance their solar, wind, and other renewable energy initiatives, expanding their portfolio and contributing to a more sustainable energy ecosystem.
- Technological Integration: By utilizing Epiidosis’ proficiency in emerging technologies, Apollo Green Energy will be able to integrate advanced tech solutions into its projects. This collaboration aims to enhance project efficiency, lower costs, and maximize output, thereby creating competitive and sustainable energy solutions for both companies.
About Apollo Green Energy Limited:
- Established in 1994 as part of the Apollo Group, AGEL has since diversified from its roots as an export arm of Apollo Tyres into renewable energy and EPC services.
- Over the past two years, AGEL has achieved substantial revenue growth, from USD 37.95 million in FY 2021-22 to USD 141.81 million in FY 2023-24.
- The company’s management team, led by Chairman Raaja Kanwar and President Rakesh Gupta, is composed of seasoned professionals, ensuring sound governance and strategic execution.
- With a robust order book of over USD 432 million and projects worth USD 347.28 million under execution, AGEL is well-positioned to capitalize on future opportunities and expand its market reach.
This partnership marks a significant step forward in both companies’ efforts to promote sustainability and innovation in the energy sector. Epiidosis Investments is proud to collaborate with Apollo Green Energy in shaping a cleaner, greener future.
Stay tuned for more updates on this exciting journey toward a sustainable energy future.
For further information: info@epiidosisinvestments.com