Apex acquired 360-MW Novus IV wind project in Texas

Apex Clean Energy had announced on Sept. 30 that it has acquired the Novus IV wind project from Novus Windpower LLC, headquartered in Guymon, Oklahoma.

The project, which is located in Hansford and Sherman counties, Texas, in the north Texas Panhandle, has the potential to bring 360 MW of wind energy into the Southwest Power Pool market and could begin construction as early as 2017. Novus IV is now known as Oslo Wind. The Apex website currently says Oslo Wind project is due for completion in 2018.

“Novus IV is an excellent project in a strategic location,” said Mark Goodwin, president of Apex, in the Sept. 30 announcement. “The Texas and Oklahoma Panhandle region has some of the best wind in the country, and we are pleased to be partnering with Novus Windpower to bring this project through construction and into operations.”

“We are pleased to have concluded this transaction with Apex, which has an excellent track record for developing and completing projects in the Texas/Oklahoma Panhandles,” said Soren Nielsen, co-founder of Novus Windpower.

Apex Clean Energy builds, owns, and operates utility-scale wind and solar power facilities. Last year, Apex was the market leader in the United States, with 1,042 megawatts of new wind capacity installations.

Novus Windpower was formed in 2006 to focus specifically on the development of large, centralized wind energy facilities in the Texas/Oklahoma Panhandles. With this transaction now closed, nearly 1,300 MW of wind energy projects have been developed and sold, and an additional 1,200 MW remain under development by Novus Windpower.

About Barry Cassell 20414 Articles
Barry Cassell is Chief Analyst for GenerationHub covering coal and emission controls issues, projects and policy. He has covered the coal and power generation industry for more than 24 years, beginning in November 2011 at GenerationHub and prior to that as editor of SNL Energy’s Coal Report. He was formerly with Coal Outlook for 15 years as the publication’s editor and contributing writer, and prior to that he was editor of Coal & Synfuels Technology and associate editor of The Energy Report. He has a bachelor’s degree from Central Michigan University.