Add-on Acquisition • Renewable Energy

Apricus Generation Acquires Nexus Renewables

On May 29, 2024, Apricus Generation acquired renewable energy company Nexus Renewables

Acquisition Context

This is Apricus Generation’s 1st transaction in the Renewable Energy sector.
This is Apricus Generation’s 1st transaction in Canada.
This is Apricus Generation’s 1st transaction in Ontario.

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M&A Deal Summary
Date	May 29, 2024
Target	Nexus Renewables
Sector	Renewable Energy
Buyer(s)	Apricus Generation
Deal Type	Add-on Acquisition

Target Company

Nexus Renewables

Toronto, Ontario, Canada

Nexus Renewables is a full-service renewable energy developer and independent power producer with a current portfolio of over 500+ MW of North American solar and energy storage projects under various stages of construction and development. Nexus Renewables is based in Toronto, Ontario.

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Buyer Overview 1

Buyer

Apricus Generation

Boca Raton, Florida, United States

Category	Company
Sector	Renewable Energy

DESCRIPTION

Apricus Generation builds a nationally distributed solar and battery development platform and Independent Power Producer (IPP). The company's platform enables consumers and businesses to participate in the energy transition by providing developers with management expertise and capital to advance their project pipeline to generation. Apricus Generation is based in Boca Raton, Florida.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Renewable Energy	1 of 1
Type: Add-on Acquisition	1 of 1
State: Ontario	1 of 1
Country: Canada	1 of 1
Year: 2024	1 of 1

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