Vikings Energy Farm
Arevon closed $529M of financing for the Vikings solar-plus-storage project in Imperial County, combining a $338M debt facility with a $191M IRA transferability tax credit purchase commitment from J.P. Morgan.
$529M
Deal Value
286.8MW
Capacity
600MWh
Storage
Hybrid
Technology
CA
Location
Deal Details
- Deal Type
- Debt financing + ITC/PTC transfer
- Seller / Sponsor
- Arevon Energy
- Buyer / Financier
- J.P. Morgan; MUFG, BNP Paribas, SMBC, First Citizens Bank
- Deal Value
- $529M
- Stage
- operating
- ISO/RTO
- CAISO
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Leadership at the Counterparties
Recent executive moves at the firms named in this deal.
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