Nexus Renewables and Apricus Generation have joined forces to create an industry-leading platform for the development, aggregation, ownership, and operation of solar and energy storage technologies. The strategic partnership marks a significant milestone in the energy transition, bringing together Nexus Renewables’ proven track record in project development and Apricus Generation’s expertise in scaling businesses and accessing capital markets.
Nexus Renewables, established in 2020, has made significant strides in advancing the clean energy sector. With over $1 billion in committed equity and debt financings, the company has developed a portfolio of over 500 MW of solar and energy storage projects across North America. Nexus Renewables’ success in collaborating with developers, utilities, the Commercial and Industrial (C&I) market, and global financial institutions has earned the company a strong reputation in the industry.
Aligning with Nexus Renewables’ mission, Apricus Generation aims to provide capital and resources to enable a wide range of energy developers to reach their full potential. This includes well-capitalized utilities, entrepreneurial developers, and self-funded companies. By leveraging Apricus Generation’s expertise, Nexus Renewables will be well-positioned to consolidate the underserved market segment of energy developers, offering them much-needed support in accessing capital and development resources.
The investment from Apricus Generation will allow Nexus Renewables to scale its in-house capabilities, expand its project pipeline, and capture a meaningful share of the growing energy transition market. The company’s full-service renewable energy development and independent power producer model will continue to provide clean energy solutions and drive widespread economic and environmental benefits for landowners, communities, and energy customers.
This partnership marks the beginning of an exciting chapter for both Nexus Renewables and Apricus Generation. The combined expertise and shared commitment to advancing the energy transition will undoubtedly create a formidable force in the renewable energy industry. By joining forces, Nexus Renewables and Apricus Generation aim to set new benchmarks in clean energy development and contribute significantly to the global fight against climate change.
