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Arevon Energy: A Leader in Environmental, Social, and Governance

Arevon Energy, Inc., headquartered in Scottsdale, Arizona, has once again demonstrated its commitment to excellence in environmental, social, and governance (ESG) practices. In the latest GRESB Benchmark Assessment, an annual evaluation that measures the performance of companies involved in real estate and infrastructure investments, Arevon has secured the No. 1 position in the Americas for Renewable Energy Solar Power Generation and an impressive global ranking of No. 3 among all solar companies.

This recognition underscores the company's longstanding dedication to sustainable energy practices, a commitment that CEO Kevin Smith passionately speaks about: "GRESB is more than a scorecard — it's a reflection and acknowledgment of the meaningful work our dedicated, innovative team delivers every day. Each year, we use the assessment to challenge ourselves, to refine our ESG practices, and to raise the bar for what responsible energy development looks like."

Long-standing Commitment to ESG Initiatives

Arevon has participated in the GRESB Assessment for eight years, utilizing it as a strategic tool to pinpoint strengths, address weaknesses, and continuously enhance its ESG initiatives. This consistent approach has helped solidify Arevon's reputation as a leader, advocating for robust governance, environmental stewardship, and social accountability.

Founded in 2009, GRESB has established itself as a leading global benchmark that aligns with significant international standards such as the Global Reporting Initiative (GRI), the Principles for Responsible Investment (PRI), and the United Nations Sustainable Development Goals (SDGs). The assessment is widely recognized for encouraging best practices within the industry and ensuring members remain accountable to their commitments.

Driving Change in the Renewable Energy Landscape

At Arevon, the pursuit of ESG excellence is deeply integrated into every facet of the company’s operations. The firm concentrates on fostering a clean energy future that not only powers communities but also supports local economies. By prioritizing domestic energy production and maintaining a focus on affordable and reliable renewable energy, Arevon is setting new benchmarks in the energy sector.

With over 5.5 gigawatts (GW) of solar and energy storage projects operating across 17 states and a total capital investment exceeding $10 billion, Arevon is a powerful contributor to advancing energy independence in the U.S. Furthermore, the company is currently developing an additional 850 megawatts of new capacity.

Arevon also emphasizes collaboration with local utilities to construct and integrate solar energy solutions tailored to community needs. The company has partnered with various utilities to develop 480 megawatts of solar energy, ensuring seamless integration for each project and addressing the unique challenges of diverse local landscapes.

Financial Growth and Future Prospects

Financially, Arevon continues to thrive, having completed an impressive $4.5 billion in project financings over the last two years. Additionally, the company has recently secured a $600 million corporate revolver, poised to fund ongoing growth initiatives. With an extensive 9 GW development portfolio, Arevon aims to fortify its status as a leading force in shaping the American energy landscape.

For those interested in exploring more about Arevon Energy and its significant contributions to renewable energy, additional information can be found at arevonenergy.com.

As Arevon Energy continues on this path of innovation and excellence, their emphasis on sustainability and community engagement sets a powerful example for others in the energy sector. This recognition is not just a milestone but a pathway to inspire further advancements in environmental, social, and governance best practices across the industry.