Arevon Energy Secures $299 Million Financing for Solar Projects in Indiana

The projects are expected to be operational by Q3 2025.

September 6, 2024

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Arevon Energy, a solar and energy storage project developer, announced the financial closure of $299 million debt financing commitments for the 192 MWdc Ratts 1 solar and 73 MWdc (60 MWac) Heirloom solar projects. The projects are part of the Midwest and Midcontinent Independent System Operator territory, adding 264 MWdc capacity to Pike County, Indiana.

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