July 13 (Reuters) – Private equity firm Apollo Global Management Inc (APO.N) said on Wednesday it has agreed to invest $175 million in Summit Ridge Energy, in a deal that will give the U.S. solar farm operator more resources to expand its geographic footprint.

The deal comes as Apollo seeks more opportunities in sustainable investing. The firm launched a dedicated sustainable investing platform earlier this year, targeting the deployment of $50 billion in decarbonization and energy transition opportunities over the next five years.

Read more: Reuters