Apex Wind Energy Acquires Assets of Half Moon Power, LLC
Charlottesville, VA – October 14, 2010 – Apex Wind Energy, Inc. today announced an agreement to acquire wind energy project assets in Minnesota, Wisconsin, and Michigan from Half Moon Power LLC, a developer of utility‐scale wind energy projects based in Milwaukee. Fully‐built, the projects have the potential to support up to 565 megawatts of wind energy capacity.
“The Half Moon Power asset acquisition will allow Apex to expand both our Greenfield and Distributed platforms from PJM into select areas of MISO,” said Jim Trousdale, CFO of Apex. “These projects were chosen for their proximity to load and access to existing transmission.”
The Apex management team has completed over $1 billion in wind power facilities in Colorado, Kansas, New York, Texas, Wyoming, and the Netherlands. Their track record includes $22 billion of structured finance transactions completed for wind and conventional energy projects. Apex is developing projects capable of supporting over 3,500MW onshore and 5,000MW offshore.
About Apex Wind Energy, Inc.
Apex Wind Energy is a developer of utility‐scale wind energy facilities. Working together with landowners and their communities, Apex develops facilities that produce local jobs, income, and clean energy. Apex was launched in 2008 by a management team that has been in the wind industry since 2000. Their first company, Greenlight Energy, Inc., ranked among the largest independent wind companies in the nation. In 2006, BP Alternative Energy acquired Greenlight Energy, Inc.