SUNY Fredonia Incubator Attracts Top Wind Energy Business
Apex Offshore Wind, LLC (Apex Offshore), a national developer of wind energy facilities that delivers clean, renewable energy, selected the SUNY Fredonia incubator to house a new regional office as it expands its business from its Charlottesville, Va. headquarters. The incubator’s proximity to the wind-friendly Lake Erie shoreline gives the company a strategic advantage as it expands both its development and production initiatives.
Apex was formed in 2008 by a management team that has been in the wind business since 2000. The company also has offices in Erie, Pa. and Poughkeepsie, N.Y. The Apex management team has completed over $1 billion in wind power facilities in Colorado, Kansas, New York, Texas, Wyoming and the Netherlands. Its track record includes $22 billion of structured finance transactions completed for wind and conventional energy projects.
Apex marks the 10th tenant to occupy space in the incubator, and a complement to the Fredonia Shale Institute, which provides an educational resource to landowners, local officials and concerned citizens seeking information about natural gas exploration and production in western New York and northwestern Pennsylvania.