Arevon’s $529M vikings project brings 157 MW solar to CA
Vikings Solar-plus-Storage, a 157 MW project by Arevon, featured Tesla, First Solar, and Nextracker, delivering power to San Diego Community Power. More on this project here.
#VikingsProject
IRS’s transferability provision boosts solar projects
Arevon Energy has secured financing for its 157 MW and 150 MW/600 MWh Vikings solar-plus-storage project in California, developed for San Diego Community Power. J.P. Morgan provided $191 million in tax credits, while MUFG, BNP Paribas, Sumitomo Mitsui Banking Corp., and First Citizens Bank offered $338 million in debt financing via the Inflation Reduction Act’s…