Apex Clean Energy Acquires Wind Energy Asset from Novus Windpower

Charlottesville, VA – September 30, 2016 – Apex Clean Energy has acquired the Novus IV wind energy project from Novus Windpower, LLC, headquartered in Guymon, Oklahoma. The project, which is located in Hansford County and Sherman County, Texas, in the north Texas Panhandle, has the potential to bring 360 MW of wind energy into the Southwest Power Pool market and could begin construction as early as 2017.

“Novus IV is an excellent project in a strategic location,” said Mark Goodwin, president of Apex. “The Texas and Oklahoma Panhandle region has some of the best wind in the country, and we are pleased to be partnering with Novus Windpower to bring this project through construction and into operations.”

“We are pleased to have concluded this transaction with Apex, which has an excellent track record for developing and completing projects in the Texas/Oklahoma Panhandles,” said Soren Nielsen, co-founder of Novus Windpower. “We have always enjoyed strong local support in our development area, and we are excited to be working with Apex to bring this large wind energy project online as well.”

Novus IV is now known as Oslo Wind.

About Apex

Apex Clean Energy builds, owns, and operates utility-scale wind and solar power facilities. Last year, Apex was the market leader in the United States, with 1,042 megawatts of new wind capacity installations, enough clean energy to supply the population of a city the size of Boston or San Francisco each year for the life of the facilities.

With a team of over 200 professionals and the nation’s largest wind energy project pipeline, Apex is a leader in the transition to a clean energy future. For more information, visit www.apexcleanenergy.com.

About Novus Windpower

Novus Windpower was formed in 2006 to focus specifically on the development of large, centralized wind energy facilities in the Texas/Oklahoma Panhandles. With this transaction now closed, nearly 1,300 MW of wind energy projects have been developed and sold, and an additional 1,200 MW remain under development by Novus Windpower. For more information, visit www.novuswind.com.

Apex Clean Energy Media Contact

Steve Bowers
Vice President, Marketing and Communications
434-270-7487
steve.bowers@apexcleanenergy.com

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