Milbank LLP represented the lenders in connection with a $1.05 billion corporate refinancing for Apex Clean Energy, a leading independent power producer. The facility, which includes a $500 million term loan, a $150 million revolving credit facility and a $400 million letter of credit facility, will provide additional capital and flexibility to support Apex’s 60+ gigawatt development portfolio across the US.
Apex’s press release is available here.
The Milbank team was led by Global Project, Energy and Infrastructure Finance partners Bill Bice and Sean O’Neill with special counsel Daniel Rios Zertuche and associates Joshua Singer, David Naftulin and Min Jae Kim.
