AApex Clean Energy develops utility-scale wind and solar farms in the United States and provides turnkey solutions that cover the full project lifecycle for utilities, corporations, and local governments. Its approach designs, builds, and operates projects, using data from a Remote Operations Control Center to monitor performance and optimize energy production and costs. It distinguishes itself by focusing on rural communities with substantial local infrastructure investment and economic benefits, plus a centralized, data-driven management model. Its goal is to scale clean energy by delivering reliable power and lasting value to utilities, partners, and communities.
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Industries
Company Size
501-1,000
Company Stage
N/A
Total Funding
$4.1B
Headquarters
Charlottesville, Virginia
Founded
2009
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Total Funding
$4.1B
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Apex Clean Energy has secured $589 million in financing for its 150MW Spring Creek solar project in Macon County, Illinois. Helaba and KeyBank provided $352.1 million in construction and term loan financing, including a $226.3 million bridge loan due January 2028, a $103.8 million term loan, and a $22 million standby letter of credit, both due August 2031. Barclays provided the tax equity commitment, marking its first project-level deal with Apex after years of corporate-level financing. The project will add solar capacity to the MISO grid and represents Apex's sixth solar facility in Illinois. The company's Illinois projects total $3.5 billion in investment for facilities either operational or under construction.
Meta (stock) signs 144-MW Texas solar PPA with Apex as data center power demand surges. September 22, 2026 Updated: September 22, 2026 Meta and Apex Clean Energy have signed a power purchase agreement (PPA) for a new 144-megawatt (MW) solar project in Gonzales County, Texas. Called Starling Solar, the project is expected to begin commercial operations in 2027. Meta will receive the project's environmental attributes, including its renewable energy certificates (RECs). Apex says Meta's commitment will support new solar capacity that would not otherwise be built. The deal is the seventh transaction between Meta and Apex, taking their combined clean energy portfolio to about 1.2 gigawatts (GW) across Texas, Virginia, Illinois, Kansas and Iowa. The agreement comes as Texas prepares for major growth in electricity demand, driven by data centers, manufacturing and other large power users. Urvi Parekh, head of renewable energy at Meta, remarked: "We appreciate Apex's partnership in helping us bring a total of one gigawatt of new renewable energy to the grid across Texas, Virginia, Illinois, Kansas, and Iowa. This new solar project will support our commitment to 100% renewable energy and will help bring jobs and investment to the local community." Starling Solar adds new Texas capacity. Starling Solar will be built in Gonzales County, southeast of San Antonio. Apex expects the project to begin operating in 2027, although the ERCOT interconnection queue lists an anticipated commercial operation date of January 2028. The schedule can change as the project moves through the grid-connection process. The financial terms of the PPA have not been disclosed. Apex estimates the project could generate about $27 million in tax revenue over its lifetime, including $15.6 million for local schools. It also expects more than $26.3 million in payments to landowners and between 400 and 450 construction jobs. The deal arrives as Texas faces a sharp increase in electricity demand. ERCOT's preliminary 2026 long-term forecast puts potential electricity demand at about 367,790 MW by 2032. For comparison, the state's record peak demand was 85,508 MW in 2023. ERCOT says the forecast is preliminary and can change as large-load projects develop. Data centers are a major driver. Meta is expanding its Texas data center footprint, including a planned 1-GW facility in El Paso. Meta expects to invest more than $10 billion in the project. That growth is creating more demand for new electricity generation. Solar is one of the fastest-growing power sources on the Texas grid. Solar is set to surpass coal. The shift in Texas's power mix is already visible. The U.S. Energy Information Administration expects utility-scale solar generation in ERCOT to reach about 78 billion kilowatt-hours in 2026, compared with 60 billion kWh from coal. * In 2027, EIA forecasts about 99 billion kWh from solar versus 66 billion kWh from coal. Solar supplied about 12% of ERCOT electricity in 2025, up from 4% in 2021. Coal's share fell from 19% to 13% over the same period. Natural gas remains the state's largest power source. Starling Solar, therefore, enters a market where renewable generation is expanding even as total electricity demand climbs. Meta keeps building its clean power portfolio. The Starling agreement is part of Meta's wider clean energy strategy. The tech giant says it has matched 100% of its electricity use with clean and renewable energy since 2020. Its projects have added more than 30 GW of new clean and renewable energy to electricity grids around the world. The company aims to reach net-zero emissions across its value chain by 2030. It also targets a 42% reduction in Scope 1 and 2 emissions by 2031, compared with 2021, while keeping Scope 3 emissions at or below the 2021 level. Renewable energy PPAs are an important part of that strategy as Meta's data center demand grows. Yet, one important distinction is that Starling Solar is not a carbon credit project. Meta will receive the project's environmental attributes, including RECs. Those certificates represent the environmental benefits of renewable electricity generation. A REC is different from a carbon credit. A carbon credit generally represents one tonne of greenhouse gas emissions reduced, avoided or removed under a specific methodology. The Starling project will instead support Meta's clean electricity strategy by adding new solar generation to the Texas grid. The Facebook owner will not physically receive every megawatt-hour generated by the project. The solar electricity will flow into the grid, while Meta receives the contracted environmental attributes. New projects and additionality matter. Meta has increasingly focused on agreements that help bring new clean energy projects onto power grids. That approach is important because simply buying certificates from existing renewable plants does not necessarily add new generation. Long-term PPAs can help developers secure financing by providing greater certainty about future revenue. That can make it easier to build new solar, wind, and storage projects. Starling fits this model. Meta's long-term commitment gives Apex a major corporate buyer while helping support new generation in Texas. The approach also shows how corporate climate demand is becoming closely linked to physical power markets. Meta already has a large Texas pipeline. The new agreement builds on Meta's existing relationship with Apex. In 2023, Meta signed a deal for the full output of the 195-MW Angelo Solar project in Texas. Apex said its portfolio with Meta had then exceeded 1 GW across several states. Meta has also signed large agreements with other developers. In 2025, Meta agreed to purchase 100% of the output from ENGIE's 600-MW Swenson Ranch Solar project in Texas. That deal brought the Meta-ENGIE partnership to more than 1.3 GW across four Texas projects. The company's strategy is therefore spread across multiple developers and projects rather than relying on one source of renewable electricity. The Starling deal also highlights the role of corporate PPAs in financing new renewable power. Large solar projects require significant upfront capital. A long-term buyer can provide revenue visibility, making the project more attractive to banks and investors. This is increasingly important in Texas, where electricity demand is rising quickly but grid connections and transmission remain challenges. ERCOT has introduced a new Batch Zero process for large electricity users requiring at least 75 MW. The system groups major projects for grid studies so ERCOT can better assess their combined impact and needed transmission upgrades. The changes show how quickly Texas's electricity market is evolving. Meta stock moves sharply higher. Meta Platforms (NASDAQ: META) shares rose sharply around the time of the Apex announcement, but the move was not tied specifically to the Starling Solar deal. On September 21, Meta stock jumped 11.4%, adding about $192 billion to the company's market value. The rally was driven largely by investor enthusiasm surrounding Meta's AI strategy and its Muse AI assistant, which became the most-downloaded free app on Apple's App Store. The bigger carbon market connection. Starling Solar is not a carbon credit project, but it still connects to the broader climate market. Data centers and AI are driving electricity demand higher, while companies such as Meta face growing pressure to reduce the emissions linked to that power use. Texas shows both trends at once. Solar generation is expected to overtake coal in 2026, while ERCOT is preparing for much higher future demand. For Meta, the 144-MW Starling Solar deal adds another source of clean electricity and renewable attributes. For Apex, it provides a major corporate buyer for a new solar project. And for Texas, it adds renewable capacity as the grid prepares for a much larger electricity market. The wider trend is this: large technology companies are increasingly using long-term renewable energy contracts to help finance new power capacity as AI, data centers, and electrification drive electricity demand higher.
Commissioners answer questions on process of creating map for large-scale wind projects. BY STEFANIE WESSELL and GABRIEL McVEY Gazette Newspapers JEFFERSON - The Ashtabula County commissioners fielded questions from resident Stephen Magda about the process of the County creating a map of where potential utility-scale wind-power projects could be located during their meeting on Thursday, Sept. 3. For some background, Apex Clean Energy, based in Charlottesville, Va., is in what it characterizes as the early stages of developing Station Wind, a planned 300-megawatt wind power project using 50 to 70 turbines erected across much of the eastern portion of Ashtabula County. Apex has been leasing land in the county toward a goal of 30,000 acres. The county commissioners have stated they wish to give townships a say in whether these types of projects are allowed in their area. Ohio Senate Bill 52 is a 2021 state law that significantly altered the approval process for utility-scale renewable energy developments by granting the county commissioners veto power over wind and solar projects. The law overrides the public utility exemption, giving the county authority to prohibit or limit the size of large wind and solar facilities. Counties can proactively designate restricted areas where wind and solar developments are entirely banned or establish energy development districts where they are permitted. Rather than make the decision from Jefferson, Board President Casey Kozlowski has said the commissioners wanted to inform townships on what SB 52 calls for and get the trustees' input before assembling a map for Ashtabula County. SB 52 governs "economically significant" projects of between 5-50 megawatts and "utility scale" projects of 50 megawatts and over, giving local townships the option to decide whether the entire township is open for renewable energy development, part of it or to close it altogether. Projects of 5 megawatts or less are governed by local zoning codes. The county can also have a project-specific response, according to Kozlowski. Until the county's map is finalized, the county will operate on a project-specific basis, he added. The commissioners are asking each township to identify areas where utility-scale projects should be restricted, if any, considering the needs of agriculture, economic development, residential areas, natural resources, local infrastructure and community identity, according to Kozlowski. Various townships in the county have been holding public hearings and passing resolutions on designating restricted areas where wind and solar developments are entirely banned or establishing energy-development districts where they are permitted. The commissioners will then compile the information for the unincorporated areas and create a countywide resolution and map, hold more public hearings and pass a resolution of their own. Incorporated areas have their own home-rule authority governing development, according to Kozlowski. While the County had a Tuesday, Sept. 1, deadline for submission to the County of these resolutions, that was not a hard deadline, according to Kozlowski. "All the townships haven't voted yet," Board Vice President Kathryn Whittington said. "We're still waiting on resolutions." Kozlowski said there's six with no response, but a couple of them may not be passing a resolution, and a couple are in motion. "We anticipate getting a couple within the next week or two and then probably starting the process in a couple weeks," Kozlowski said. Whittington said Orwell Township is one that had called and requested to go past the Sept. 1st date. Magda asked about the ability of citizens to seek a referendum petition for establishing extra restrictions or establishing a restricted area. Kozlowski explained that SB 52 allows for a referendum on the map that is adopted by the Board of Commissioners. Residents can challenge a decision to allow or block a project by gathering signatures to place a referendum on the local ballot. A referendum can be filed within 30 days of map publication, with an 8-percent signature threshold. "It could be a thumbs up or a thumbs down to the adopted map," Kozlowski said. "Say hypothetically 25 out of the 27 townships restrict - you're going to be voting to uphold that, or to vote it down. If you vote it down, it takes you back to where we are today where there is no restrictions at all." Commissioner J.P. Ducro IV noted that most of the resolutions they have currently are fully restricted. "We have one that has a partial restriction, which we have to dig in to a little bit further, and then one was no restrictions," Ducro said. He said the commissioners have to work with their GIS department to determine what the partial restrictions look like, so they're clear on any map that's presented. "Before we would even adopt a map, we would have at least one, if not two, public hearings to have people come and offer community input on the map that we're considering adopting. Then we could consider making modifications to that map that we ultimately then adopt, and then once the adoption would happen, then there's the opportunity for the referendum on that adopted map," Ducro said. Kozlowski said a utility-scale wind or solar project requires so much land. "With hypothetically 24 or 25 townships of 27 voting to restrict, there's no way a project of that scale could ever happen," Kozlowski said. "You require, as you can see, so much land. Under the potential Apex project, they need 30,000 acres to put windmills on approximately 300 acres." He said "a large swath of land is needed." "If 25 out of the 27 townships ultimately restrict, there's no way they'll ever meet that land quota," Kozlowski said. If that quota is not met, Whittington said it's their understanding that any leases become null and void. Ducro said even if only half the townships restrict, and there is enough land, that doesn't necessarily mean a project will happen. "A project still has to go through a very extensive public process. It still would have to be vetted through the Power Siting Board. It still would have to come before the commissioners for us to approve or deny - not us specifically, but the Board of Commissioners," Ducro said. "It's not like this map is the end all, be all. The map just kind of sets the tone for a company that's considering a project like this to determine their risk or what the likelihood is that a project could potentially have the opportunity to move forward." Kozlowski said they have had months of discussion on the issue, which he thinks has been healthy. "To be honest, there wasn't much public discussion happening about wind and solar development, and they were kind of under the radar securing leases, not a lot of people knowing about it. When we outlined this process, it put it in a public forum, and here everybody had an opportunity to learn more...At the end of the day, overwhelmingly, the county is going to be restricted for those levels of a project," Kozlowski said. Subscribe. Gain access to all its Premium contents. More than 100+ articles.
Apex sells community solar portfolio in Illinois. By CEP Staff - 11 June 2026 in News Apex Clean Energy has sold a 28 MWdc portfolio of community solar projects in Illinois to SolAmerica Energy. Not already a subscriber? As a subscriber, you have reached this page because you are not logged in.
Rocky Forge Wind farm to wrap construction by end of 2026, bringing jobs and tax revenue. by Lily Riden Mon, June 8, 2026 at 7:01 PM Updated Mon, June 8, 2026 at 7:20 PM 00:00 01:35 Wind project Rocky Forge Wind Project Map (WSET) BOTETOURT COUNTY, Va. (WSET) - The commonwealth's first land-based wind farm is expected to bring jobs and money to Botetourt County. The $300 million Rocky Forge Wind project is going on a private farm in Botetourt County. It's been in the works for more than a decade. The developer, Apex, has designed Virginia's first utility-scale wind energy facility. When construction's done, the 13 wind turbines will produce nearly 80 megawatts of electricity. Electricity that will be exclusively supplied to Google to support the company's new data centers. Botetourt County Administrator Gary Larrowe said it will also prevent the need for additional power plants. "Instead of having to go out and build a powerplant, now they've got this 79.3 megawatts that's going to be coming to them without actually constructing a powerplant," said Larrowe. Apex officials say that this project will create 250 new jobs across the commonwealth. It's also expected to generate up to $25 million in new property tax revenue over the course of its lifetime. He also said this project will save millions in energy resources. "If the electricity that was generated off of this, off the Rocky Forge project, generated traditionally with coal burning... It would take 4.3 billion gallons of water a year to actually do that... This project obviously doesn't take any water," said Larrowe. The project is expected to be done by the end of 2026. SPONSORED CONTENT MORE TO EXPLORE Conversation. This feature is temporarily unavailable. Please check back later to join the conversation.
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Industries
Company Size
501-1,000
Company Stage
N/A
Total Funding
$4.1B
Headquarters
Charlottesville, Virginia
Founded
2009
Find jobs on Simplify and start your career today