Scottsdale, Arizona-headquartered Arevon Energy has closed a $600 million credit facility to support its US portfolio. The financing includes a $350 million revolving loan and a $250 million project letter of credit. It is designed to fund project development, acquisitions, and performance obligations for solar and battery assets. The facility has an option to increase to $850 million for additional growth. It also includes provisions for green loan reporting and sustainability-linked metrics. Wells Fargo Bank is the Administrative Agent. Co-Green Loan Structuring Agents are Wells Fargo Securities, CIBC, and Credit Agricole. Other lenders include JPMorgan Chase, Bank of America, Barclays, BNP Paribas, and others. Latham & Watkins advised Arevon, while Morgan Lewis represented the lenders. Major global banks have backed the deal, providing flexible capital for large-scale solar and storage expansion across the US.Prior to this facility, Arevon collaborated with Fifth Third to fund a 265 MW solar installation in Indiana.