Apex Clean Energy develops, constructs, owns, and operate projects across the country. We currently operate approximately 2 GW of wind and solar facilities using local operations and maintenance staff, as well as support from our 24/7 Remote Operations Control Center in Charlottesville, Virginia.
Apex does own and operate some projects long term, but it is not uncommon for a local electric utility (Consumers Energy, DTE Energy) to be interested in purchasing a wind farm after the completion of construction and operate the facility alongside its other generation sources in the state.
A utility could also purchase the power from Apex while we continue to own and operate the facility. The sale of a project to another entity is not a cause for concern. Every agreement and contract signed by the project prior to any potential transfer of ownership will remain in place if a transfer occurs. Commitments made to landowners and local governments will not change and are fully enforceable under the law.