Charlottesville, VA – September 9, 2015 – Apex Clean Energy, an independent renewable energy company, is pleased to announce it has reached financial close of a $216 million construction loan for the 151 MW Grant Wind project in Grant County, Oklahoma.
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.
Charlottesville, VA –March 31, 2015 – Apex Clean Energy, an independent renewable energy company, is pleased to announce it has reached financial close of a $397 million construction loan for the 299 MW Kay Wind Project in Kay County, Oklahoma.
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.
Charlottesville, VA – February 10, 2015 – Apex Clean Energy, an independent renewable energy company, announced today that it has secured $50 million in financing from Prudential Capital Group. The proceeds of the financing will be utilized to advance Apex's project pipeline, including project development, acquisitions and general corporate purposes.
Canadian County, OK – January 22, 2015 – First Reserve, the largest global private equity and infrastructure investment firm exclusively focused on energy, today announced an agreement to acquire the Kingfisher Wind power project from Apex Clean Energy (“Apex”), an independent renewable energy company. Kingfisher Wind is a construction-ready 298 MW wind power generation project located in Canadian and Kingfisher Counties.
Anadarko, Oklahoma – January 19, 2015 – Apex Clean Energy, through its subsidiary Grant Wind, LLC, has signed a Renewable Energy Purchase Agreement (REPA) with Western Farmers Electric Cooperative (WFEC) for 50 megawatts (MW) of wind energy from Apex’s Grant Wind project. With this agreement, Apex has sold the remaining 50 MW of the 150 MW capacity project, which will produce enough electricity to power more than 56,000 U.S. homes. The project is expected to come online in 2015.
Balko, Oklahoma – January 12, 2015 – D. E. Shaw Renewable Investments, L.L.C. (DESRI) and Apex Clean Energy (Apex) today announced the sale of Balko Wind, a wind energy project in Beaver County, Oklahoma. Apex developed the 300 MW project and sold it to an affiliate of DESRI in late 2014. Financing for the acquisition and construction of the project was provided by Santander Bank, N.A., KeyBank, N.A., Citi, and Banco de Sabadell, S.A.
Nacogdoches, TX – November 24, 2014 – East Texas Electric Cooperative and Northeast Texas Electric Cooperative have joined forces to bring 101.2 MW of renewable wind energy into the mix for their member-owned cooperatives in east Texas. The two Texas electric cooperatives have signed Renewable Energy Purchase Agreements (REPAs) for wind generation from Apex Clean Energy subsidiary Grant Wind, LLC. This project will produce about 150 MW of electricity, enough to help power over 56,000 ETEC and NTEC homes. The project is expected to come online in 2015.
165 MW Cameron Wind Farm in Texas Is Single Largest IKEA Renewable Energy Investment Globally