Sunday, December 15, 2024

Arevia Power: Receives Investment Led by KKR

Arevia Power Receives Investment Led by KKR

  • Arevia Power, a Glendale, CA-based renewable energy developer, received a structured investment led by KKR
  • The amount of the deal, which saw participation from GCM Grosvenor, was not disclosed
  • The company intends to use the funds to accelerate growth and development of new solar and wind projects throughout the United States
  • The company  is a dedicated solar and wind project developer that originates, permits, and manages renewable energy projects through their lifecycle
  • Currently, the company is advancing a multi-gigawatt (“GW”) portfolio of early-stage projects across the country

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