Apex Clean Energy is becoming an independent power producer.

The developer of utility-scale solar, wind, green fuels, and energy storage projects announced the tax equity financing of the 70 MWAC Mulligan Solar project, marking the company's transition to a pure-play renewable energy IPP.

Apex made the move after an infusion of equity growth capital from the 2021 majority stake acquisition of Apex by Ares management Corporation's Infrastructure and Power strategy.

Subscribe today to the all-new Factor This! podcast from Renewable Energy World. This podcast is designed specifically for the solar industry and is available wherever you get your podcasts.

Listen to the latest episode, on shaping the grid of the future to support renewable energy, featuring Jim Walsh, GE's head of grid software. This special edition of the Factor This! podcast was recorded live from DISTRIBUTECH and POWERGEN International in Dallas last May.