Nexus Renewables and Apricus Generation have announced the completion of Apricus’ acquisition of a controlling stake in Nexus. This strategic partnership aims to create an industry-leading platform for the development, aggregation, ownership, and operation of solar and energy storage technologies. Nexus Renewables, founded in 2020, has amassed over $1 billion in committed equity and debt financings and advanced over 500 MW of solar and energy storage projects across North America. The investment from Apricus Generation will allow Nexus to expand its capabilities and seize significant market opportunities in the energy transition. Apricus’ founders bring extensive experience in scaling businesses, corporate governance, operations, and capital markets, providing valuable guidance for Nexus’ growth. The combined expertise of both companies will empower Nexus to serve as a solution provider and consolidator for the underserved market segment of energy developers.
