Arevon Energy, an American energy developer, owner and operator, has secured a $183 million total debt package — including a tax equity bridge loan, construction-to-term loan and a letter of credit — for its 124-megawatt Big Muddy Solar Project in Jackson County, Ill. This project financing supports the continued advancement of Big Muddy Solar’s construction and contributes to Arevon’s cumulative total of $5.1 billion in project financings executed throughout the past two years.
Big Muddy Solar Project, the company’s first utility-scale energy facility in Illinois, began construction in 2025. The project will strengthen the local economy through the estimated 250 personnel it will employ during peak construction as well as the more than $12.6 million in property tax payments it will disburse over its lifetime to Jackson County, supporting schools, roads and other infrastructure. Ongoing construction activities will also bring an increase in spending at area stores,