Ratts 1 Solar Project
Ratts 1 is an American energy project located in Pike County, Indiana, that has been in commercial operation since 2025. The facility is helping meet our country’s rapidly growing demand for electricity by delivering reliable, affordable, locally generated energy. It is strengthening the local economy and supporting public services through tax revenue, job creation, and long-term investment, while providing the electric system with the capacity needed to keep Indiana homes and businesses powered.
Pike County benefits from the project through a significant increase in assessed value, as solar land is valued at roughly four and a half times higher than agricultural land, helping reduce tax rates for residents over time. About 43% of the local property tax revenue will go to the school district and another 43% to the county government.
Back to all projectsEconomic and Environmental Benefits
520+
Construction Jobs
Supporting competitive wages with a focus on local hiring
Leased Land, Preserved
Avoiding permanent changes while protecting the land for future generations
3.7+ Billion Gallons
Water Saved Annually
Conserving vital resources
271,000+ Metric Tons
CO2 Emissions Avoided Annually
Improving public health
Prioritizing Safety
Solar energy is one of the safest forms of power generation available, utilizing durable, weatherproof, and glare resistant panels. Arevon procures solar panels that pass strict testing protocols under the U.S. Environmental Protection Agency’s Toxicity Characteristic Leaching Procedure to ensure that, even if damaged, the panels are nonhazardous to people and the environment.
Strengthening Communities
At Arevon, we don’t just develop energy projects — we show up, we listen, and we act as partners to the communities that make them possible. That means more than delivering electricity. It means supporting local priorities through volunteering, event sponsorships, and direct community investments.
As part of our long-term commitment, Arevon allocates a portion of each project’s capital cost to community benefits. We focus our resources on three key pillars: alleviating food and housing insecurity, supporting education with a focus on science, technology, engineering, and mathematics (STEM), and promoting public health and safety.
Information and Resources
News and Insights
Release
Arevon Begins Operations at Ratts 1 and Heirloom Solar Projects in Pike County, Indiana
Release
Arevon Secures $98 Million Tax Equity Commitment for its Ratts 1 and Heirloom Solar Projects in Indiana
Release
Arevon Achieves $299 Million Financing for Ratts 1 and Heirloom Solar Projects
Release
Arevon Starts Construction on 192 Megawatt Solar Project in Indiana
Release
Arevon and Meta Announce Long-Term Contract for Heirloom Solar Project
Press
Arevon Secures $98 Million Tax Equity Commitment for Pike County Solar Projects
Press
Arevon Investing Millions To Build Indiana Solar Projects
Insight
Bolstering Indiana Communities, Strengthening America
Frequently Asked Questions
Explore answers to common questions about solar technology.