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Arevon Reaches Financial Close for Eland 1 Solar-plus-storage Power Plant
Construction underway on largest power plant in Arevon portfolio
(480) 653-8450
info@arevonenergy.com
Corporate Headquarters
8800 North Gainey Center Drive
Suite 100
Scottsdale, AZ 85258
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Construction underway on largest power plant in Arevon portfolio
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Complex transaction results in innovative financing solution
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Certification demonstrates Arevon’s commitment to creating a more inclusive and diverse workplace and culture in the solar industry
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NEW YORK and SCOTTSDALE, Ariz. – Arevon Energy, Inc. has secured a $400 million green loan fund credit facility from Canadian Imperial Bank of Commerce (CIBC) and KeyBank N.A. to finance development of a 6 gigawatt (GW) solar and storage pipeline of projects in the Midwest, Southeast, and California. This funding coincides with the one-year […]
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Scottsdale, Arizona – July 17, 2022 – Arevon Energy, Inc. has been awarded a Top Workplaces 2022 honor by Arizona Top Workplaces. The list is based solely on employee feedback gathered through a third-party survey administered by employee engagement technology partner Energage LLC. The anonymous survey uniquely measures 15 culture drivers that are critical to […]
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HARTFORD, Conn. – The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE: TRV), will host a webinar on Wednesday, March 2, at 1:00 pm ET, titled “Power Up: Growth Opportunities in Renewable Energy.” The event will explore the renewable energy market and the advancement of such energy sources as wind, solar, […]
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SAN DIEGO – As California’s energy grid continues to be tested by extreme weather and tight energy supplies, the state will gain reliability from a new battery storage facility in San Diego County. The 300-megawatt (MW) project named Nighthawk is being developed by Tenaska in collaboration with Arevon and will use Tesla Megapack. Pending permitting […]
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WASHINGTON, D.C. – Today, Washington, DC.-based Sol Systems, LLC, announced the acquisition of a 540-megawatt (MW) solar development portfolio in southeast Illinois from Arevon Energy. The portfolio is one of a number of acquisitions Sol Systems is making to scale its Impact + InfrastructureTM platform across the US. The portfolio consists of three 180 MWdc solar […]
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Las Vegas, Nevada – Arevon, a leading renewable energy company, and Rosendin, the largest employee-owned electrical contractor and one of the fastest-growing renewable energy groups in the country, announce the completion of Townsite Solar + Storage in Boulder City, Nevada. Offtakers and local politicians helped local IBEW electrical workers and company representatives celebrate the occasion […]
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NEW YORK and SCOTTSDALE, Ariz. – Arevon has secured a tax equity investment from Goldman Sachs for the Townsite solar-plus-storage facility in Boulder City, Nevada. Townsite features a 193.95 MW solar field and 90 MW/360 MWh of storage. The power plant’s output is contracted to three different off-takers in the region. “Finalizing this tax equity investment allows us to continue driving the clean energy transition,” said Brian Callaway, Arevon executive vice president and chief financial officer. “Arevon is pleased to have worked with Goldman Sachs […]
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SAN DIEGO – As California’s energy grid continues to be tested amid rolling brownouts, the San Diego area willsoon gain capacity support from a new battery storage facility. The 200-megawatt (MW)/400 megawatt-hour (MWh) project named Peregrine is being developed by Tenaska in collaboration with Arevon and will use Tesla Megapack. Located at 27th and Main […]
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NEW YORK and SCOTTSDALE, Ariz. – October 19, 2021 – Arevon Energy, Inc., a leading renewable energy company, and Capital Dynamics, an independent global private asset management firm, announced that two of their U.S.-based clean energy infrastructure funds received high scores in GRESB’s 2021 ESG Infrastructure Benchmark. These funds have earned high marks for the […]
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