Germany, Nov. 26 -- After less than three months since signing, RWE and Apollo Global Management have successfully closed their partnership transaction, securing the long-term funding for Amprion's investment in expanding the German electricity transmission grid. All necessary regulatory approvals required for the completion of the transaction have been granted by the relevant authorities.The newly established joint venture (JV) between RWE and Apollo holds RWE's stake in Amprion. Apollo, on behalf of its managed funds and entities, has paid €3.2 billion to RWE in exchange for an equity stake in the joint venture. Over the next decade, RWE will subsequently reinvest the funds into Amprion through the JV as required to support its grid...