Ares Management to invest in Apex Clean Energy.

Ares Management, a global alternative investment manager, agreed to invest in Apex Clean Energy, a green energy supplier in Charlottesville. Financial terms were not disclosed. "Apex and Ares are aligned on a common mission to accelerate the shift to clean energy. The energy transition has never been more urgent, and the opportunity presented by the industry’s momentum is both immediate and massive. Apex has grown over the past decade to meet this moment, and the infusion of growth capital provided by this agreement will allow the company to strengthen its leadership position in US utility-scale clean energy development, operate projects as an IPP, and accelerate strategic expansion into energy storage, distributed energy resources, and green fuels," Mark Goodwin, Apex Clean Energy President and CEO.