The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Wells Fargo Leads $600MM Credit Facility for Arevon Energy to Accelerate Renewable Energy Growth
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Lenders/Participants
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Wells Fargo Bank [Administrative Agent]
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Structure
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Credit Facility
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Amount
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$600.000
Million
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Borrower(s)
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Arevon Energy
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Description
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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.
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Industry
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Energy
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| Related Tags |
Bank of America, Barclays Bank PLC, BNP Paribas Securities, Canadian Imperial Bank of Commerce, JPMorgan Chase Bank, MUFG, National Bank of Canada, Natixis, Societe Generale, TD Bank, Truist Bank, Wells Fargo Bank, Wells Fargo Securities
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ABL Advisor
Deal Tables
2025
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