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Vikings Solar Project: Arevon breaks new ground with $529 million in financing

Arevon Energy, Inc. today announced the closing of financing for the Vikings solar-plus-storage project through a combination of debt financing and the transfer of tax credits. This $529 million transaction is one of the first to use the transferability provision of the Inflation Reduction Act.

Vikings Solar Project: Arevon breaks new ground with $529 million in financing

SectorÉnergie Solaire, Photovoltaïque
ThemeInvestissements & Transactions, Financement, Développement de projets

Arevon Energy, Inc. recently closed financing for the Vikings solar and storage project, an innovative venture that combines the tax credit portability provisions of the Inflation Reduction Act with debt.

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Énergie Solaire