Arevon Energy, Inc. has commenced operations at the 430 MWdc Kelso solar project located in Scott county, Missouri. The company developed and constructed the project and will also own and operate it. It represents an investment of more than $500 million. The project has been developed in two phases. It is expected to generate sufficient electricity to supply power to more than 62,000 homes annually. Moreover, the commissioning of the project has increased Missouri’s operational solar capacity by nearly 50 per cent.
The company received a $509 million financial close for the 430 MW Kelso 1 & 2 solar projects in early 2025. These projects are located in Scott County, Missouri. This $509 million financing package consists of a $245 million bridge loan, a $172 million construction loan, and $92 million of credit support.
In February 2026, Arevon Energy secured a $183 million debt financing package for its 124 MWdc Big Muddy solar project in Jackson County, Illinois. The financing includes a tax equity bridge loan, a construction-to-term loan, and a letter of credit to support the project’s ongoing construction. Big Muddy solar project began construction in 2025.
In October 2025, Arevon Energy commenced operations at the Ratts 1 and Heirloom solar projects in Pike County, Indiana. Together, the projects add 264 MWdc of solar power capacity to the grid. Moreover, they represent a combined investment of nearly $400 million.
REGlobal’s Views: These projects mark the company’s entry in the state of Missouri. Arevon is expanding its presence in the US midwestern region with projects coming up in Indiana along with Missouri.