Apollo's Wassenaar Warns of Underinvestment Risk in AI Buildout
Olivia Wassenaar, Apollo's global head of infrastructure, said the firm deployed more than $20 billion in infrastructure originations in the third quarter. She said the opportunity extends beyond AI data centers to power supply, the electrical grid and natural-gas infrastructure.
- Apollo deployed over $20 billion in infrastructure in Q3
- Investments were made with investment-grade partners
- Wassenaar sees opportunities in grids and gas infrastructure
- Underinvestment risk in AI buildout remains
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