Apex Clean Energy, based in Charlottesville, Virginia, has closed the financing for three utility-scale renewable energy assets across Texas, Ohio, and Illinois.

The financings involve Coles Wind, a MISO ( Midcontinent Independent System Operator ) wind project and Apex’s largest project-level transaction to date; Emerson Creek Wind, a large-scale wind project in the PJM ( Pennsylvania-New Jersey-Maryland ) market; and Raven Storage, an Ercot ( Electricity Reliability Council of Texas ) energy storage project.

Together, the transactions represent nearly 670 megawatts of capacity and approximately US$2.79 billion in financial commitments supporting the construction and operation of the three assets – contributing to a total of US$4.08 billion financed across Apex’s portfolio in 2025.

“Raven, Emerson Creek, and Coles reflect the collaboration of committed partners and dedicated teams working together to deliver complex projects,” said Ken Young, Apex CEO. “As we move into 2026, we are focused on disciplined execution, converting a deep development pipeline into operating assets, and delivering performance for the communities, customers, and partners we serve.”

Raven Storage, a 100MW battery storage system located in Wharton County, Texas, is part of SA Grid Solutions, a joint venture between Apex Clean Energy, SK Gas, and SK Eternix, and marks Apex’s first financing with Bank of Hope.

Emerson Creek Wind, a 269MW wind farm located in Erie and Huron Counties, Ohio, was financed with a fully underwritten construction and term loan and letter of credit facility from CIBC, Helaba, and Santander, and a tax equity commitment from Wells Fargo.

Coles Wind, a 300MW wind facility in Coles County, Illinois, secured construction and term financing underwritten by Santander, with J.P. Morgan serving as the sole tax equity partner.