Athene Acquires Petros PACE Finance

Ace Green Recycling and Athena Technology Acquisition Corp. II Announce $32 Million PIPE Financing for Proposed Business Combination

April 23, 2026

Data & Analytics

Ace Green Recycling, Inc. (Ace) and Athena Technology Acquisition Corp. II (Athena) announced a $32 million PIPE (private investment in public equity) financing to support their previously announced proposed business combination. The PIPE is expected to provide gross proceeds of approximately $32 million to help fund capital expenditures for Ace’s Texas recycling facility, along with general corporate purposes and potential acquisitions, subject to the closing of the proposed deal.

Aquarian Holdings Acquires Majority Stake in PACE Equity

October 30, 2024

Financial Services

Aquarian Holdings has acquired a majority stake in PACE Equity and committed up to $1 billion of financing to scale the firm's commercial PACE (C-PACE) lending platform. The investment will expand PACE Equity's capacity to fund commercial green building projects and broaden its market reach across the U.S.

Athene and Apollo to Acquire Controlling Stake in Aqua Finance

November 29, 2021

Financial Services

Athene has agreed to acquire a controlling stake in Aqua Finance, a Wisconsin-based consumer lending platform, at a valuation of about $1 billion. Apollo will manage the investment on Athene’s behalf, while funds managed by Blackstone Tactical Opportunities will retain a minority stake.

Athene Acquires Majority Stake in Newfi (Investment Managed by Apollo)

October 18, 2021

Financial Services

Athene has agreed to acquire a majority shareholder interest in Newfi from Warburg Pincus, with the investment to be managed by Apollo. Newfi's founder and CEO Steve Abreu will remain in place and the deal is intended to accelerate Newfi's growth and expand its presence in the non-agency single-family mortgage market.

Nuveen Acquires Greenworks Lending

February 16, 2021

Financial Services

Nuveen has agreed to acquire Greenworks Lending, a national leader in Commercial Property Assessed Clean Energy (C-PACE) financing, giving Nuveen a foothold in clean energy and energy-efficiency lending. The deal (subject to regulatory approval) will expand Nuveen's sustainable finance capabilities and provide its clients access to C-PACE investment opportunities.

Aterian Investment Partners Partners With The Pace Companies

April 9, 2019

HVAC & Mechanical

Aterian Investment Partners has entered into a strategic partnership with The Pace Companies, a Brooklyn-based plumbing, HVAC/mechanical and fire protection contractor. The transaction will provide Pace with capital and operational support to pursue growth initiatives while preserving the company's leadership and culture.