Arevon Energy, Inc. has officially commenced operations at its Ratts 1 and Heirloom Solar projects in Pike County, Indiana. Together, the facilities contribute 264 megawatts (MWdc) of new domestic solar power to the grid and mark Arevon’s first owned and operational utility-scale projects in the Hoosier State.
The Ratts 1 and Heirloom projects represent a combined investment of nearly $400 million and are expected to provide over $86 million in revenue to local governments throughout their lifetimes, supporting schools, infrastructure, and other essential public services. During construction, the projects employed more than 200 full-time equivalent workers and generated increased local spending at stores, hotels, and restaurants. Ratts 1 Solar operates under a long-term power purchase agreement with the Indiana Municipal Power Agency (IMPA), while Meta is the offtaker for Heirloom Solar. “Ratts 1 and Heirloom are about more than megawatts — they are tangible illustrations of the positive and real impact renewable energy can bring to local communities,” said Smith. “These facilities will produce American-made power for decades, while also supporting Pike County’s economy and quality of life. Arevon is proud to be a long-term partner here, as we continue to invest in Indiana’s future.”
“The Ratts 1 project is a great addition to IMPA’s power supply portfolio,” said Brouillette. “This solar site helps us further diversify our resources, assisting in our mission to provide low-cost, reliable, and environmentally responsible power. We’re glad to be a part of Arevon’s project and celebrate this milestone in energy production.”
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