Wingspire Capital provided a $150 million revolving credit facility to New APR Energy, LLC (d/b/a APR Energy), a global leader in fast-track power generation solutions. Proceeds will be used for capital expenditures, maintenance, and equipment refurbishment, while also providing additional flexibility and liquidity to support APR Energy’s operations and growth.
APR Energy, based in Jacksonville, Florida, owns one of the world’s largest mobile gas turbine fleets, with 850 megawatts of capacity. The company delivers fast-track mobile power generation to mission-critical customers, including utility providers and data center operators. APR supports emergency response, bridges short-term gaps, and delivers permanent generation. The company combines speed and scale by deploying large projects in weeks and developing long-term behind the meter (BTM) solutions tailored to ongoing energy demand.
“Wingspire Capital is delighted to provide a creative and flexible capital solution to APR Energy as they provide creative and flexible power generation solutions for their customers,” said Ryan Jones, Managing Director at Wingspire Capital. “As demand for power continues to outpace supply, we are proud to support APR Energy’s reliable and nimble solutions that the public and private sectors trust to meet their energy needs.”
Earlier this year, funds managed by affiliates of Fortress Investment Group acquired the assets of APR Energy, LLC, and established New APR Energy, LLC.
