Kingfisher Wind Named in 2016 Energy Risk Awards Deal of the Year
Charlottesville, VA – June 7, 2016 – The Deal of the Year award from Risk.net went to Morgan Stanley this year for its work on the innovative transaction to bring energy from the Kingfisher Wind facility in Oklahoma to Southern Company subsidiary Gulf Power’s service area in Florida. This is the third Deal of the Year win for the Kingfisher Wind project, following 2015’s Platts Global Energy Awards and Commodity Business Awards.
The Energy Risk USA Awards, which took place on May 17 in Houston, recognizes “excellence in the energy and commodity market” and predominantly covers U.S. and European firms.
Kingfisher Wind is a 298-megawatt wind farm located in Kingfisher and Canadian Counties in Oklahoma. Project originator Apex Clean Energy, project owner First Reserve, power hedge provider Morgan Stanley, and power purchaser Gulf Power collaborated on the unique contract and financing structure for the energy and environmental attributes produced by the project. Kingfisher Wind, which began commercial operation in early 2016, generates enough electricity to power more than 100,000 homes.
“We congratulate Morgan Stanley on another well-deserved Deal of the Year,” said Mark Goodwin, president of Apex. “The Kingfisher deal was truly one-of-a-kind, and we’re pleased that it continues to be recognized across the industry.”
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.