US headquarters Arevon Energy, Inc. has secured a $183 million debt package for the 124 MW (DC) Big Muddy Solar Project in Jackson County, Illinois. The financing includes a tax equity bridge loan, construction-to-term loan, and a letter of credit. Intesa Sanpaolo and Crédit Agricole arranged the package, with Crédit Agricole acting as Administrative Agent. The deal adds to Arevon’s $5.1 billion in project financings completed over the past two years. Construction began in 2025, marking the company’s first utility-scale project in Illinois. The project is expected to employ about 250 workers at peak and distribute more than $12.6 million in property taxes over its lifetime. Once operational, it is projected to power over 24,000 Illinois homes and incorporate pollinator habitat across the site.