Apollo Infrastructure Co LLC Files 10-Q for Q2 2025

TL;DR

Apollo Infrastructure Co LLC 10-Q filed: Q2 2025 financials out, check preferred unit investments.

AI Summary

Apollo Infrastructure Co LLC filed its 10-Q for the period ending June 30, 2025. The filing details its financial performance and operations, including its investment in preferred units of a liability company. The company is incorporated in Delaware and its fiscal year ends on December 31.

Why It Matters

This filing provides investors and stakeholders with a quarterly update on Apollo Infrastructure Co LLC's financial health and strategic positioning within the energy and transportation sectors.

Risk Assessment

Risk Level: medium — The company operates in the energy and transportation sector, which can be subject to regulatory changes and market volatility.

Key Numbers

• 20250630 — Reporting Period End Date (Indicates the end of the fiscal quarter for which financial information is reported.)
• 1231 — Fiscal Year End (Specifies the end date of the company's annual accounting period.)

Key Players & Entities

• Apollo Infrastructure Co LLC (company) — Filer
• 20250630 (date) — Reporting Period End Date
• 2125153200 (dollar_amount) — Business Phone Number
• 0000950170-25-109068 (company) — Accession Number
• 4900 (company) — Standard Industrial Classification Code

FAQ

Filing Documents

• ck0001971381-20250630.htm (10-Q) — 6595KB
• ck0001971381-ex31_1.htm (EX-31.1) — 14KB
• ck0001971381-ex31_2.htm (EX-31.2) — 14KB
• ck0001971381-ex32_1.htm (EX-32.1) — 9KB
• ck0001971381-ex32_2.htm (EX-32.2) — 9KB
• 0000950170-25-109068.txt ( ) — 24152KB
• ck0001971381-20250630.xsd (EX-101.SCH) — 1376KB
• ck0001971381-20250630_htm.xml (XML) — 6867KB

Financial Statements

Financial Statements 4 Consolidated Statements of Assets and Liabilities as of June 30, 2025 (Unaudited) and as of December 31, 2024 4 Consolidated Statements of Operations for the three and six months ended June 30, 2025 and 2024 (Unaudited) 6 Consolidated Statements of Changes in Net Assets for the three and six months ended June 30, 2025 and 2024 (Unaudited) 7 Consolidated Statements of Cash Flows for the six months ended June 30, 2025 and 2024 (Unaudited) 8 Condensed Consolidated Schedules of Investments as of June 30, 2025 (Unaudited) 9 Condensed Consolidated Schedules of Investments as of December 31, 2024 11

Notes to Consolidated Financial Statements (Unaudited)

Notes to Consolidated Financial Statements (Unaudited) 13 Item 2.

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations 36 Item 3.

Quantitative and Qualitative Disclosures about Market Risk

Quantitative and Qualitative Disclosures about Market Risk 49 Item 4.

Controls and Procedures

Controls and Procedures 50 Part II. Other Information 51 Item 1.

Legal Proceedings

Legal Proceedings 51 Item 1A.

Risk Factors

Risk Factors 51 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 51 Item 3. Defaults Upon Senior Securities 51 Item 4. Mine Safety Disclosures 51 Item 5. Other Information 51 Item 6. Exhibits 52

Signatures

Signatures 53 2 Table of Contents Special Note Regarding F orward-Looking Statements Some of the statements in this Quarterly Report on Form 10-Q constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, because they relate to future events or our future performance or financial condition. The forward-looking statements contained in this Quarterly Report on Form 10-Q may include statements as to: our future operating results; our business prospects and the prospects of the Infrastructure Assets (as defined below) we acquire, control and manage; our ability to raise sufficient capital to execute our acquisition and lending strategies; the ability of Apollo Manager, LLC (the "Operating Manager") to source adequate acquisition and lending opportunities to efficiently deploy capital; the ability of our Infrastructure Assets to achieve their objectives; our current and expected financing arrangements; changes in the general interest rate environment; the adequacy of our cash resources, financing sources and working capital; the timing and amount of cash flows, distributions and dividends, if any, from our Infrastructure Assets; our contractual arrangements and relationships with third parties; actual and potential conflicts of interest with the Operating Manager or any of its affiliates; the dependence of our future success on the general economy and its effect on the industries in which we acquire, control and manage Infrastructure Assets; our use of financial leverage; the ability of the Operating Manager to identify, acquire and manage our Infrastructure Assets; the ability of the Operating Manager or its affiliates to attract and retain highly talented professionals; our ability to structure acquisitions in a tax-efficient manner and the effect of changes to tax legislation and our tax position; and the tax status of the enterprises through which we acquire, control an

Financial Information

Part I. Financial Information

Financial Information

Item 1. Financial Information Apollo Infrastructure Company LLC Consolidated Statements of Assets and Liabilities (in thousands, except share and per share data) as of June 30, 2025 (Unaudited) as of December 31, 2024 Series I Series II Total Series I Series II Total Assets Investments at fair value (cost at June 30, 2025 of $ 268,214 ; $ 629,400 ; $ 897,614 ; and at December 31, 2024 of $ 156,833 ; $ 436,817 ; $ 593,650 ; respectively) $ 279,314 $ 661,305 $ 940,619 $ 166,652 $ 465,253 $ 631,905 Cash and cash equivalents 123,709 294,564 418,273 84,681 236,861 321,542 Prepaid expenses and other assets 2,488 5,737 8,225 1,766 5,134 6,900 Deferred offering expenses 535 1,266 1,801 545 1,522 2,067 Due from Operating Manager 2,475 5,860 8,335 2,083 5,817 7,900 Total assets $ 408,521 $ 968,732 $ 1,377,253 $ 255,727 $ 714,587 $ 970,314 Liabilities Derivative liabilities at fair value (cost at June 30, 2025 of $ 0 ; $ 0 ; $ 0 ; respectively) $ 520 $ 1,315 $ 1,835 - - - Management fee payable 211 412 623 117 303 420 Accrued performance fee payable 706 1,550 2,256 982 2,721 3,703 Distribution payable 3,014 7,092 10,106 1,863 5,181 7,044 Deferred taxes liability 2,420 5,012 7,432 2,299 5,455 7,754 Other accrued expenses and liabilities 3,163 6,979 10,142 870 2,467 3,337 Due to Operating Manager 2,475 5,860 8,335 2,047 5,713 7,760 Notes Payable 214 214 428 - - - Total liabilities $ 12,723 $ 28,434 $ 41,157 $ 8,178 $ 21,840 $ 30,018 Commitments and contingencies (Note 7) Total net assets $ 395,798 $ 940,298 $ 1,336,096 $ 247,549 $ 692,747 $ 940,296 Net assets are comprised of: A-II Shares, at June 30, 2025; Series I: 11,209,721 ; Series II: 33,078,517 ; and Total: 44,288,238

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View this 10-Q filing on SEC EDGAR