Financing for Arevon's Big Muddy solar project in the USA
The IMI Corporate & Investment Banking Division of Intesa Sanpaolo acted as Coordinating Lead Arranger, Joint Bookrunner and Green Loan Coordinator in the USD183 million financing for Arevon.
Arevon, a major player in the US energy market, will use this financing to develop the Big Muddy project, a 124 MWdc solar plant located in Jackson County, Illinois, significantly contributing to clean energy generation in the Midwest and supporting regional decarbonisation goals.
Intesa Sanpaolo confirms its role in supporting strategic projects in key international markets, providing project financing expertise and a global platform at the service of the energy transition.
With our presence in the United States, we accompany corporate and institutional clients in transactions in the infrastructure, energy and industrial sectors, strengthening the role of Intesa Sanpaolo as a financial bridge between Europe and the Americas.