CHARLOTTESVILLE, Va.--(BUSINESS WIRE)--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.”
About Apex Clean Energy
Apex Clean Energy develops, constructs, and operates utility-scale wind and solar power facilities across North America. Our mission-driven team of more than 200 renewable energy experts uses a data-focused approach and an unrivaled portfolio of projects to create solutions for the world’s most innovative and forward-thinking customers. For more information on how Apex is leading the transition to a clean energy future, visit www.apexcleanenergy.com or follow us on Facebook, Twitter, and LinkedIn.
About ZOMA Capital
ZOMA Capital was founded by Ben and Lucy Ana Walton to catalyze and scale bold and innovative solutions to social and environmental issues facing their home regions of Colorado and Chile. With a global investment portfolio spanning multiple asset classes, ZOMA Capital invests in a broad range of market-based sustainable solutions advancing energy, water, workforce and community economic development to help build resilient, thriving communities.
About PLEXUS Solutions
PLEXUS provides Investment Management, Advisory and Consulting services to clients in the Sustainability, Energy, Power and Storage industries. Led by Rory Meyers and Angel Fierro, the team's core focus is analyzing, evaluating and implementing capital solutions for Project Developers, Manufacturers, Institutional Investors, Family Office Funds and Service Providers. PLEXUS is based in New York and San Francisco. More information is available at www.plexussolutions.services.