Great Bay Renewables Provides Renewable Royalty Financing to Apex Clean Energy

Portsmouth, NH – Great Bay Renewables, Inc. (“Great Bay”) is pleased to announce it has closed an investment in Apex Clean Energy’s (“Apex”) broad portfolio of wind and solar energy development projects located across North America.

Apex has commercialized over 5 gigawatts of clean energy projects since inception in 2009.  Its current portfolio includes approximately 21 gigawatts (12.5 GW wind and 8.5 GW solar) of development assets. The Great Bay royalty investment provides non-dilutive growth capital to Apex allowing it to accelerate the advancement of its development pipeline and to add additional projects to its portfolio.

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