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SELECTED TRANSACTION DETAILS
Wells Fargo Leads $600MM Credit Facility for Arevon Energy to Accelerate Renewable Energy Growth
Wednesday, July 2, 2025

Lenders/Participants Wells Fargo Bank [Administrative Agent]
Structure Credit Facility
Amount $600.000 Million
Borrower(s) Arevon Energy
Description A $600 million credit facility, with the option to increase up to $850 million, to support its expanding portfolio of diverse, high-quality renewable energy projects across the United States. The facility includes a $350 million revolving loan and letter of credit facility and a $250 million project letter of credit facility. It will provide Arevon with flexible capital to support working capital needs including acquisitions, project development, and performance support obligations across its portfolio of solar and battery storage projects. It also includes provisions for green loan reporting and sustainability-linked metrics, aligning with Arevon's environmental, social, and governance goals.
Industry Energy
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