US renewables developer Arevia Power will accelerate its work on new solar and wind projects in the country after securing an investment from KKR and asset management firm GCM Grosvenor.
‘Largest solar project in US history’ near Las Vegas will feature 380MW / 1,400MWh battery element, with green power set to flow to Warren Buffett’s NV Energy under 25-year PPA.
Three green-lit projects in South Nevada are set to come online by 2024 and will be separately developed by EDF, 8minute and a Quinbrook-Arevia partnership.
