Apricus Generation completed the acquisition of a majority stake in Nexus Renewables.

Apricus Generation, a holding company designed to build a national distributed solar and battery development platform and Independent Power Producer, completed the acquisition of a majority stake in Nexus Renewables, a full-service renewable energy developer and independent power producer. Financial terms were not disclosed. "Apricus' founders bring deep experience in scaling businesses, corporate governance, operations, and capital markets. They have a proven track record in the energy industry and have enabled platform growth of companies like Nexus with successful exits in the recent past. Their experience and guidance will facilitate Nexus' ability to execute on this mandate rapidly and efficiently. This transaction marks a watershed moment in our company's history. The management team is excited to embark on this next phase of growth alongside Apricus," Keith Sandor, Nexus Renewables CEO.