APR Renewables (APR) announced the closing of a multi-million dollar financing round with Jacobson
Partners. This funding will propel APR’s expansion into states that are set to significantly benefit from
the recently passed United States Inflation Recovery Act of 2022 (IRA Act).
APR develops, builds, and operates large commercial and utility-scale solar and energy storage assets
that provide clean green energy to multi-national companies, electrical utilities, industrial and warehousing,
data centers, communities, and government entities. APR is led by an executive team of renewable energy,
corporate finance and investment banking veterans.
“For nearly 14 years, APR’s executive team has successfully implemented its mission of building green
assets that provide the energy needs for the world’s leading companies and brands. We are pleased to
announce the expansion of our business offerings and services into new markets with the strategic
investment from Jacobson Partners,” said AJ Javan, Founder of APR Renewables.
“ Jacobson Partners enthusiastically supports APR Renewables’ management team at this opportune
time for the solar industry,” said Benjamin Jacobson, Founder and Managing General Partner of
Jacobson Partners.
The $391 billion IRA Act of 2022 constitutes the largest investment by the United States in energy and
climate change to date. Favorable incentives for renewable energy include a 10-year extension on the
investment tax credit solar and battery storage systems.
About APR Renewables
APR Renewables is a green energy provider specializing in solutions for customers seeking immediate
results for their environment, sustainability, and savings goals through our rapid implementation of clean
energy technologies. APR Renewables supplies its customers with green energy through flexible power
purchase agreements (PPAs) and virtual power purchase agreements (VPPAs), tailored to meet their
individual needs. For nearly 14 years, APR Renewables’ executive team has successfully implemented the
mission of building green assets that provide the energy needs for the world’s leading companies and brands.
About Jacobson Partners
Jacobson Partners is a private equity firm that invests up to $250 million in growth and operating
companies. The firm has created significant value by investing and partnering with and supporting each
company’s management with Jacobson Partners’ team of experienced operating partners and investment
advisors.
