Prosperity Wind — 300 MW wind farm, Piatt County, Illinois (PJM)
Apex's 5th commercialized wind farm in Illinois. Tax equity from J.P. Morgan as lead investor + a second well-known US-based investor. Construction + term debt with CIBC and Crédit Agricole as Co-Left Lead Arrangers and CLAs. Joint lead arrangers: AIB; BofA; Bayerische Landesbank NY; KeyBanc; NBC; NatWest; PNC. COD early 2025.
Undisclosed (~$700M est.)
Deal Value
300MW
Capacity
Wind
Technology
IL
Location
Deal Details
- Deal Type
- Project Finance
- Seller / Sponsor
- Apex Clean Energy
- Buyer / Financier
- CIBC, Crédit Agricole CIB (CLAs); J.P. Morgan, undisclosed (tax equity); BofA, KeyBanc, NatWest, PNC, AIB, Bayerische Landesbank, National Bank of Canada (joint lead arrangers)
- Deal Value
- Undisclosed (~$700M est.)
- Stage
- Construction
- ISO/RTO
- PJM
- Source
- Apex Clean Energy
Finance Counterparties
Lenders & Capital Providers
- constructionDebtArrangers
- CIBCCrédit Agricole CIBAIBBank of AmericaBayerische LandesbankKeyBancNational Bank of CanadaNatWestPNC
- taxEquityProviders
- J.P. Morgan
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