Wind farm developer gets $200 million in new financing

 

Apex Clean Energy, the part operator and developer of at least 8 wind farms in Oklahoma has secured $200 million more in refinancing.

The Virginia-based company secured a loan from a family office investor group led by ZOMA Capital and PLEXUS Solutions. ZOMA Capital is Colorado-based and PLEXUS is headquartered in New York and San Francisco.

The two lending groups are supporting Apex and its leading portfolio of utility-scale wind, solar and storage projects across the country.

 

In the past decade, Apex has commercialized $8.7 billion worth of wind and solar projects representing 6.5 GW of clean energy opportunity.

“Our new partnership with ZOMA Capital and the family offices, pioneers in sustainable investing and energy grid modernization, will help shape the future of the American energy sector as we transition our economy to renewable resources,” said Mark Goodwin, president and CEO of Apex Clean Energy.

“We look forward to working with Apex Clean Energy to accelerate the growth of the company’s leading renewable energy portfolio to meet the demand for clean energy,” added Angel Fierro, managing partner of PLEXUS.

Apex is either part operator or has been a developer of Kingfisher Wind, Balko Wind, Grant Wind, Kay Wind, Grant Plains Wind, Caddo Wind, Canadian Hills Wind and Diamond Spring Wind, all located throughout Oklahoma.

Source: BusinessWire

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