Arevon Energy’s latest solar projects, Ratts 1 and Heirloom Solar projects in Pike County, Indiana, are now operational. Together, the projects add 264 MWDC of solar power to the grid.
Ratts 1 and Heirloom represent an investment of nearly $400 million and will disburse more than $86 million to local governments over their lifespans, supporting schools, infrastructure, and other essential public services. The two facilities employed more than 200 full-time equivalent personnel to build the projects. Ratts 1 Solar is under a long-term power purchase agreement with Indiana Municipal Power Agency (IMPA), and Meta is the offtaker for Heirloom Solar.
“Ratts 1 and Heirloom are about more than megawatts — they are tangible illustrations of the positive and real impact renewable energy can bring to local communities,” said Kevin Smith, Arevon CEO. “These facilities will produce American-made power for decades, while also supporting Pike County’s economy and quality of life. Arevon is proud to be a long-term partner here, as we continue to invest in Indiana’s future.”
It was previously reported that the Ratts 1 project was installing Nextracker systems.
News item from Arevon