Steelcase Announces New Wind Power Investment with Apex Clean Energy

25 Megawatt Power Purchase Agreement Further Diversifies the Furniture Company’s Renewable Energy Portfolio

Grand Rapids, Mich. – February 2, 2016  Steelcase Inc. (NYSE: SCS), the global leader in the office furniture industry, announced a 12-year power purchase agreement (PPA) with Apex Clean Energy for 25 megawatts of wind power. Since 2014, Steelcase has invested in renewable energy credits equivalent to 100% of its global electricity consumption. This latest investment will make up nearly half of Steelcase’s renewable energy purchases, directly support the construction of a new clean energy facility set to begin operations in 2016, and further diversify the company’s renewable energy portfolio.

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U.S. Army Signs Power Purchase Agreement with Apex Clean Energy for Hybrid Wind/Solar Energy Project

Charlottesville, VA – January 20, 2016 – Defense Logistics Agency (DLA) Energy, in coordination with the U.S. Army Office of Energy Initiatives (OEI) and Fort Hood, has signed a Renewable Energy Supply Agreement (RESA) with Apex Clean Energy Holdings, LLC, for 65.8 MW of electricity from a combination of large-scale renewable energy solar and wind facilities to serve Fort Hood in Texas. The Army is expected to pay about $168 million less than what it would pay for power from the traditional electricity grid over the course of the 28-year agreement.

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Kingfisher Wind Wins Commodities Deal of the Year Award

Charlottesville, VA – December 18, 2015 – Apex Clean Energy (Apex), First Reserve, Gulf Power Company, and Morgan Stanley Commodities Group (MSCG) were named joint recipients of the Commodities Deal of the Year award for the Kingfisher Wind project at the 2015 Commodity Business Awards held in London on November 26. The winning deal was selected from a short list of finalists that had been narrowed down from a global pool of nominees.

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Kay Wind Project Enters Commercial Operations

Kay County, OK – December 15, 2015 – Kay Wind, a 299-megawatt wind facility located in Kay County, Oklahoma, began commercial operation on December 12, 2015. Apex Clean Energy, an independent renewable energy company, developed, managed construction of, and will operate the project, which is the largest single-phase wind farm in Oklahoma. It is the first wind facility owned by Southern Company subsidiary Southern Power, which is also expected to purchase the 150 MW Grant Wind facility from Apex upon completion of construction.

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Oklahoma Municipal Power Authority and Apex Clean Energy Announce 41.4 MW Power Purchase Agreement

Edmond, OK – December 7, 2015 – Oklahoma Municipal Power Authority (OMPA) has signed a power purchase agreement (PPA) for wind generation from Apex Clean Energy subsidiary Grant Plains Wind, LLC. Grant Plains Wind will produce about 150 MW of electricity, enough to help power approximately 56,000 homes. Grant Plains Wind is expected to come online in 2016.

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Apex Clean Energy Secures $30 Million in a Second Round of Financing from Prudential Capital Group

Charlottesville, VA – August 13, 2015 – Apex Clean Energy, an independent renewable energy company, announced today that it has secured $30 million in follow-on financing from Prudential Capital Group. This latest investment follows the $50 million in financing that Apex announced with Prudential in February of this year. The proceeds of this financing will be utilized to advance Apex's project pipeline, including project construction, development, acquisitions, and general corporate purposes.

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Apex Clean Energy Signs Memorandum of Agreement with U.S. Department of Defense and U.S. Navy for Searchlight Wind

Las Vegas, Nevada – February 20, 2015 –  Apex Clean Energy today announced that it has signed a Memorandum of Agreement with the U.S. Department of Defense and the U.S. Navy, which acknowledges that the Searchlight Wind energy project will not degrade the aviation and sensor test program at their China Lake, California base.   

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