Energy Storage News•about 1 month ago
Apex finances 670MW of energy storage, wind, with US$2.79 billion financial commitments
Key Takeaway
Apex's substantial financing for combined wind and storage projects across key US markets signals strong investor confidence in large-scale hybrid renewable solutions and continued growth opportunities for developers and PPA buyers.
AI Summary
- •Apex Clean Energy secured US$2.79 billion in financial commitments for 670MW of utility-scale wind and energy storage projects.
- •Projects are strategically located across Texas (ERCOT), Ohio (PJM), and Illinois (MISO), including the Raven Storage project in Texas.
- •This substantial financing underscores strong investor confidence in large-scale, hybrid renewable energy solutions within key US power markets.
- •For developers and IPPs, it signals continued capital availability and market appetite for integrated wind and storage; for large power consumers, it indicates future opportunities for competitive renewable PPAs.
Topics
ercotfinancingiramisopjmpolicystoragewind