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