Canadian green energy investor Altius Renewable Royalties (ARR) and US investor Apollo have entered into a US$30 million royalty investment with Apex Clean Energy to aid in the latter’s commissioning of a 195MWac solar project in the US state of Texas.
Half of the money will come from ARR, which is investing the funds through a US subsidiary, Great Bay Renewables, and the other half will be provided by Apollo. The investment will go towards Apex’s Angelo solar project, where construction began last year and at which Apex plans to begin commercial operations in May this year.
(The above content is reproduced from pv-tech，By JP Casey）
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