Latham & Watkins Advises Arevon on US$98 Million Tax Equity Commitment

Arevon Energy, Inc., a leading renewable energy developer, owner, and operator, has announced financial close of US$98 million in aggregate tax equity commitments for the company’s Ratts 1 Solar and Heirloom Solar Projects. The projects, which are part of Arevon’s growing portfolio in the Midwest and MISO territory, will add 264 megawatts (MWdc) of clean energy capacity to Pike County, Indiana.

Latham & Watkins LLP represented Arevon in the transaction with a deal team led by New York partner Kelly Cataldo, with associates Josh Ryu, Victoria Gross, and Josh Podolsky. Advice was also provided on tax matters by New York partner Eli Katz, with associate Andrea Herman; on environmental matters by Los Angeles/Houston partner Joshua Marnitz, with associate Brandon Kerns; and on energy regulatory matters by Washington, D.C. partner Natasha Gianvecchio and Washington, D.C. counsel Anna Biegelsen.