Apex Clean Energy Raises About $4.4 Million in Equity Financing

Jan 27, 2014 1:36 pm ET

Jan. 27 (Bloomberg) -- Apex Clean Energy Inc., a Charlottesville, Virginia-based developer of wind power, raised about $4.4 million in the latest stage of its fundraising.

Apex has increased to more than $10 million the equity it has raised from 30 investors since November, according to a filing with the U.S. Securities and Exchange Commission dated Jan. 24.

The company is seeking as much as $25 million in the funding round, including about $5.6 million it raised last year.

--Editors: Stephen Cunningham, Jasmina Kelemen