Makarora Management and Ares Alternative Credit Acquire Plymouth Industrial REIT for $2.1 Billion

Ares Alternative Credit Acquires 20% Stake in Plenitude for Approximately €2 Billion

June 23, 2025

Energy

Ares Alternative Credit funds have entered into a definitive agreement to acquire a 20% minority stake in Plenitude for approximately €2 billion. The deal implies an enterprise value for Plenitude of over €12 billion and is subject to customary regulatory approvals.

Ares Management Invests €2 Billion for 20% Stake in Plenitude

November 5, 2025

Renewable Energy

Ares Management, via its Ares Alternative Credit funds and affiliated vehicles, acquired a 20% stake in Plenitude from Eni for €2 billion, valuing the renewable energy and energy solutions company at over €12 billion. The investment will strengthen Plenitude’s shareholder base and support the company’s growth in renewable generation, energy retailing and electrification services as it pursues a target of 10 GW of capacity by 2028.

Ares Management Acquires Capital Automotive (CARS) from Brookfield for $3.8 Billion

February 8, 2022

Real Estate

Funds managed by Ares Management Corporation's Alternative Credit strategy and Real Estate Group acquired Capital Automotive LLC (CARS) from a Brookfield private real estate fund for $3.8 billion. CARS, headquartered in McLean, Virginia, owns a portfolio of more than 250 net-lease automotive dealership properties across the U.S. and Canada; the acquisition expands Ares' net-lease capabilities and increases its net lease gross asset value to more than $7 billion over the prior 15 months.

Ares Management Corporation to Acquire Walton Street Mexico in $2.1 Billion Deal

September 28, 2024

Real Estate

Ares Management Corporation, through a subsidiary, entered into a definitive agreement to acquire 100% of Walton Street Capital Mexico S. de R.L. de C.V. and certain affiliates (Walton Street Mexico) for about $2.1 billion. The industrial-focused real estate asset manager will expand Ares Real Estate’s capabilities and reach in Mexico, leveraging Walton Street Mexico’s local platform and long-standing industrial track record.

Ares Management to Acquire GCP International (Excluding Greater China Operations)

October 8, 2024

Real Estate

Ares Management Corporation entered into a definitive agreement to acquire the international business of GLP Capital Partners Limited and certain affiliates, excluding operations in Greater China (GCP International) for $3.7 billion. The transaction will combine Ares Real Estate with GCP International’s industrial, data center, and self-storage platforms and is expected to close in the first half of 2025, subject to regulatory approvals.

Ares Infrastructure Funds Acquire Majority Stake in Apex Clean Energy

October 6, 2021

Renewable Energy

Ares Management Corporation’s Infrastructure and Power strategy, through funds and other accounts, has agreed to acquire a majority stake in Apex Clean Energy. The investment is intended to provide Apex with additional equity growth capital as it transitions to a pure-play renewable energy independent power producer (IPP) and expands into areas such as energy storage, distributed energy resources, and green fuels.