Apex Clean Energy Closes $200 Million Refinancing

Apex Clean Energy today announced that it has secured a $200 million senior secured loan from a family office investor group led by ZOMA Capital and PLEXUS Solutions. Colorado-based ZOMA Capital invests in a range of market-based sustainable solutions addressing environmental and social challenges, and PLEXUS Solutions provides merchant banking services to sectors focused on climate solutions.

ZOMA, PLEXUS, and the lender group are supporting Apex with the advancement of its leading portfolio of utility-scale wind, solar, and storage projects across the United States.

Since its founding in 2009, Apex has established a strong track record of partnering with power buyers, investors, and communities to accelerate the shift to clean energy. In the past decade, Apex has commercialized $8.7 billion worth of wind and solar projects representing 6.5 GW of clean energy opportunity.

“Apex is bringing clean energy to market at scale to meet surging demand,” said Mark Goodwin, president and CEO of Apex Clean Energy. “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.”

“We are pleased to participate in this financing partnership to support the future growth of Apex Clean Energy, a premier renewable energy company in the United States,” said Angel Fierro, managing partner of PLEXUS. “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.”