Arevon Breaks Ground on 228 Mw Posey Solar Project in Indiana
Solar Builder Magazine 4:53 pm on May 21, 2024
Arevon Energy Inc. commenced construction of the 228 MW Posey Solar Project in Indiana, a venture developed with CenterPoint Energy and led by Arevon's VP of government affairs & marketing, Katherine Gensle. The project promises job creation, economic benefits for landowners, tax advantages, environmental sustainability, and long-term utility energy diversification.
- Partnership Initiation: Arevon Energy Inc., CenterPoint Energy, and local stakeholders announced the Posey Solar Project in February 2021.
- Community Impact: The project is expected to create over 200 jobs during construction, provide more than $31.2 million of local spending, and offer lease payments exceeding $30 million over its lifespan.
- Economic Benefits: Long-term tax benefits for Posey County and substantial economic impact on the surrounding counties during the construction phase.
- Environmental Contributions: Significant renewable energy generation, carbon emissions reduction efforts, and provision of reliable first responder radio service improvements in Posey County.
- Operational Oversight: Arevon Energy Inc. aims to manage the project into operations with continuous collaboration with partners and stakeholders.
https://solarbuildermag.com/projects/arevon-breaks-ground-on-228-mw-posey-solar-project-in-indiana/