Apricus Generation, a new holding company aiming to build a national distributed solar and battery development platform, has acquired a controlling interest in Nexus Renewables, Inc., a Toronto-based developer of solar and energy storage projects. This strategic move provides Nexus with the expertise, support, and capital needed to scale its pipeline and advance its 500+ MW project portfolio. Led by founder and CEO Keith Sandor, Nexus, combined with Apricus‘ resources, is set to become a leading IPP platform in the renewable energy space. Nexus Renewables, with over 500+ MW of North American solar and energy storage projects, strengthens Apricus‘ position in the industry.
Apricus expands with Nexus acquisition
Apricus Generation has acquired a controlling interest in Nexus Renewables, enhancing its capacity to scale solar and energy storage projects. (Image Credit: Pexels)
AfDB funded two 15 MW solar plants in Chad to generate 61 GWh annually and cut emissions by 49,000 tons per year. (Image Credit/Source: LCEC/Pixabay)
Algeria and GE Vernova discussed 15 GW renewable energy projects, including solar, as Sonelgaz led talks in Atlanta. (Image Source:Zawya)
LRE powered up Morrow Lake Solar, supplying 200 MW to Microsoft with innovative solar tech and eco-friendly land use. (Image Credit/Source: StockSnap/Pixabay)
re:cap green energy acquired 51.7 MW solar projects from Milvio Energy, with completion expected between Q1 and Q4 of 2025. (Image Credit/Source: TheOtherKev/Pexels)