Alternative energy asset sale
Our attorneys are representing Apex Wind Energy, a national developer of utility-scale wind energy facilities both onshore and offshore, in connection with the 298 megawatt Canadian Hills project, located about 25 miles northwest of Oklahoma City.
Our attorneys are representing Apex Wind Energy in the $23 million sale of a 51% stake in the wind farm to Atlantic Power Corp (AP).
In connection with the project, our attorneys also negotiated Turbine Supply Agreements with REpower Systems SE and Mitsubishi Heavy Industries Ltd. and Power Purchase Agreements with Oklahoma Municipal Power Authority (OMPA) and Southwestern Electric Power Co. (SWEPCO), and advised on sponsor equity. Construction on the $460 million Canadian Hills project will begin in April and was expected to be completed by late 2012.