Tag: Arevon Energy
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Lightsource bp secures $348 million for utility-scale projects in Texas | Solar Financing Spotlight
Lightsource bp is building two utility-scale solar projects in in Texas, totaling 288 MW. Meanwhile, Arevon and Strata Clean Energy have each secured loans for projects in California and Arizona, respectively. Learn more in this installment of the Solar Financing Spotlight. Lightsource bp has successfully closed on a $348 million financing package to support the……
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Arevon, Blackstone close $350 million financing for energy storage | Solar Financing Spotlight
Arevon Energy and Blackstone have paired up for a 200 MW / 800 MWh energy storage project. Meanwhile, Aggreko and 38 Degrees have secured financing to acquire projects. All that and more in this installment of the Solar Financing Spotlight. Renewable energy developer Arevon Energy Inc. and Blackstone Credit & Insurance (BXCI) have closed financing……
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Arevon leverages IRA tax credits to build utility-scale solar peaker project in California
Arevon Energy Inc. is using $529 million package to build the Vikings solar-plus-storage project in Southern California. The project is one of the first utility-scale solar peaker plants in the United States. The company’s innovative financing approach combines the Inflation Reduction Act’s tax credit transferability provisions with traditional debt financing. Arevon has closed financing, securing……
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Arevon completes 300 MW Eagle Shadow Mountain solar plant in Nevada
Arevon Energy Inc. has completed its 300 MW Eagle Shadow Mountain Solar Plant in Clark County, Nevada. Located on the Moapa River Indian Reservation, the project is expected to generate more than 900,000 MWh of clean electricity per year. NV Energy entered into a long-term power purchase agreement for the output of Eagle Shadow Mountain……