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APG led a $400m investment in Doral Renewables.

Synopsis

APG, a pension solutions provider, led a $400m investment in Doral Renewables, a developer, owner, and operator of renewable energy and storage projects. “We are thrilled to welcome APG as a partner and now the largest individual shareholder in our company. APG’s sophistication as an investor and its experience in the US renewable energy market will, together with the strength and support of our existing partners, continue to propel our success. With over 3 GW of projects in the process of being commercialized over the coming few years, we are excited to enter this next phase of growth with APG’s backing," Evan Speece, Doral Renewables Chief Financial Officer.

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