Renewable energy developer Apex Clean Energy has secured $50 million in financing from Prudential Capital Group.
According to Apex, the proceeds from the financing will be used to advance Apex's project pipeline, including project development, acquisitions and general corporate purposes.
‘We founded Apex in 2009, at a time when financial markets were in turmoil, with private investors who shared our commitment to clean energy,’ says Mark Goodwin, president at Apex Clean Energy. ‘Since then, our investment thesis has not changed: The low cost of clean energy has been the key factor driving growth in the market.’
