Apricus Technology has acquired a controlling curiosity in Nexus Renewables, including the Toronto-based group photo voltaic and BESS developer, in addition to renewable impartial energy producer, onto its platform.
By becoming a member of the platform, the corporate hopes to advance Nexus’ 500 MW challenge pipeline.
“We’re thrilled to have Nexus Renewables be part of Apricus as the primary developer in our platform,,” says Apricus Technology’s Gautam Chandra.
“Keith and the complete Nexus group have constructed a big pipeline and are the most effective group photo voltaic and storage builders in North America. As with many impartial builders, Nexus has extra challenge alternatives than entry to capital. By becoming a member of Apricus, they now have entry to capital and experience that may permit them to execute on their pipeline.”
This strategic acquisition is Apricus’ first because the firm introduced its launch earlier this yr.
