Arevon Energy Commences Construction on the 251MW Gibson Solar Project in Indiana

Arevon Energy, Inc., a renewable energy developer, has initiated construction on the 251-megawatt (MWdc) Gibson Solar Project in Gibson County, Indiana.

The approximately $250 million investment will create over 250 full-time construction jobs and contribute over $83 million in local government payments during the project’s lifespan.

These funds will support community services such as schools and first responders and pay local landowners, enabling them to continue farming in the area.

Upon completion, Gibson Solar will power more than 30,000 Indiana homes annually.

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Larry Bucshon, M.D. said, “The Gibson Solar Project represents a significant investment in our state's future and its economy, highlighting Indiana's commitment to sustainable growth."

He added, “With an increasing number of renewable energy projects in development, I am excited for Hoosiers to continue to lead the way in providing a diverse array of reliable energy options."

The event also acknowledged Arevon’s partners and collaborators, such as Signal Energy, the engineering, procurement and construction (EPC) contractor.

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Additionally, Arevon has partnered with Northern Indiana Public Service Company LLC (NIPSCO), which will own and operate the project upon completion.

Arevon is further expanding its renewable energy portfolio in the Midwest, with new projects under development in Indiana, including the 192 MWdc Ratts 1 Solar Project and the 73 MWdc Heirloom Solar Project.

The company also recently secured a $352 million financing package to commence the construction of the 228 MWdc Posey Solar Project.