Apex Clean Energy HoldingsÂ has secured a potential $497.3 million contract from the Defense Logistics Agency to supply the U.S. Army with electricity derived from off-site wind and on-site solar energy production facilities over a nearly 30-year period.
DLAÂ EnergyÂ in Fort Belvoir, Virginia, awarded theÂ firm-fixed-price contract through a competitive procurement process with nine proposals received, theÂ Defense DepartmentÂ said Friday.
The contractor will also provide the service branch with supplementary electricity derived from traditional energy resources and will perform work in Texas and Virginia through Oct. 31, 2045.
DLA Energy will use the Army’s operations and maintenance funds from fiscal 2016 to fiscal 2046 to fund the contract, according to DoD.
Charlottesville, Va.-based Apex Clean Energy builds renewable energy generation facilities and works toÂ provide site origination, facility construction and asset management services throughout the life cycle of a project.