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Arevon Energy Expands Clean Energy Portfolio to 6 GW Development Pipeline

Author

Slice of Energy Team
September 19, 2024

Key Highlights:

  • Arevon Energy now operates over 4,000 MW of renewable energy capacity.

  • 2,000 MW of new projects under construction in 6 U.S. states.

  • Expanded 6 gigawatt development pipeline for future growth.

  • Completed $3 billion in project financing for ongoing renewable projects.

  • Achieved #2 rank in Solar Power World’s Top Solar Developers List.

Source: PR Newswire

Notable Quote:

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“Arevon is doing its part to accelerate the energy transition and bring clean and sustainable energy to communities while creating thousands of jobs and generating tax revenue to support local governments, schools, and emergency services. Looking ahead, Arevon will continue to focus on our exceptional safety record and close collaboration with construction and operations and maintenance contractors to maintain a strong safety culture across all of our projects."

Kevin Smith, Chief Executive Officer at Arevon Energy

Our Take:

Arevon Energy's continued growth in the renewable energy space highlights its commitment to spearheading the energy transition in the U.S. With a robust development pipeline and strategic financing structures, Arevon is positioned to lead the solar and energy storage markets for years to come. The company's success aligns with broader trends in renewable energy adoption, as solar and wind rapidly expand their share of global electricity generation. Arevon's focus on innovative project structures and strategic partnerships ensures that it remains at the forefront of this pivotal industry transformation.