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Arevon Completes Financing on Nation's First Utility-Scale Solar Peaker Project Using the IRA's Transferability Provision
November 8, 2023 6:00 AM ESTVikings solar-plus-storage project financing driven by Arevon's innovative approach to combine the Inflation Reduction Act's tax credit transferability provisions with debt in a $529 million financing package
NEW YORK and SCOTTSDALE, Ariz., Nov. 8, 2023 /PRNewswire/ -- Arevon Energy, Inc. today announced it has closed financing on the Vikings solar-plus-storage project with a combination of debt financing and tax credit transfer. Arevon secured a commitment with J.P. Morgan to purchase $191 million of investment... More
