Capital Dynamics’ U.S. Clean Energy Infrastructure (CEI U.S.) team and Arevon Asset Management have launched a new renewable energy company, Arevon Energy, Inc.
Arevon is owned by an investor group consisting of APG, the California State Teachers’ Retirement System (CalSTRS) and a subsidiary of the Abu Dhabi Investment Authority (ADIA).
The new renewable company will support a standalone clean energy platform of 4.5 gigawatts of operating, under-construction and late-stage development solar and battery storage projects, as well as a 3-gigawatt pipeline.
Arevon will offer customized clean energy solutions to utilities and corporations and plans to expand its platform of solar and battery storage projects through customer acquisitions, M&A and select development activities.
“Launching this clean energy platform gives Arevon the flexibility to expand our capabilities and engage in new partnerships,” said John Breckenridge, Arevon’s CEO and form
