Apex Energy sells a SW Texas wind project

 

The sale price wasn’t disclosed but Apex Clean Energy has announced the sale of one of its Texas wind farms to an unnamed buyer.

The project in question is the White Mesa Wind farm located in Crockett County, Texas which is located southwest of San Angelo, Texas. White Mesa is still under construction and when complete, it will produce 500 MW of electric power and will be the third-largest single-phase, single-site wind farm in the U.S. The largest such project is the 525 MW Aviator Wind, developed by Apex and located in West Texas.

The deal includes a number of power purchase agreements that Apex negotiated with corporate customers: an aggregation of global technology leaders, a Fortune 500 energy technology company, a Fortune 500 leader in materials engineering solutions, among others—including Apex’s largest-ever power purchase transaction.

“White Mesa Wind illustrates the continued and robust demand for renewable energy projects with strong attributes, including a remarkable wind resource and negotiated offtake agreements,” said Mark Goodwin, president and CEO of Apex Clean Energy. “Apex is pleased to bring this project to fruition, deliver the myriad benefits of clean power to these corporate customers, and support and strengthen the Lone Star State.”

Source: BusinessWire