Arevon energya renewable energy developer, owner and operator, and Meta Platforms have signed a long-term Environmental Asset Purchase Agreement (EAPA) for Arevon’s Heirloom Solar Project in Pike County, Indiana.
The 60 MWAC Heirloom Solar Project recently began construction and is expected to be fully operational in the third quarter of 2025. Arevon will own and operate Heirloom Solar. Local landowners will receive fixed payments throughout the life of the project, diversifying their income and enabling them to continue farming in the area.
“Arevon is proud to once again partner with Meta and contribute to their sustainability goal of matching its operations with 100% renewable energy and achieving net zero emissions across the value chain,” said Kevin Smith, CEO of Arevon . “Pike County has been a welcoming host to the Heirloom Solar Project and we are excited to be part of the community for years to come.”
Arevon’s operations in Pike County, including the Heirloom Solar Project plus an adjacent solar facility, will pay out more than $86 million to local governments over their lifetime. The projects will also provide employment for nearly 200 full-time jobs to build the facilities.
“We are pleased to be working with Arevon again as we continue the important work of advancing the clean energy transition,” said Urvi Parekh, head of renewable energy at Meta. “We look forward to seeing the Heirloom Solar Project come online and continuing our collaboration.”
Prior to Heirloom Solar, Arevon and Meta announced two long-term EAPAs in March 2024 for the Kelso Solar Project in Scott County, Missouri. That project will generate 349 MWAC of power to support Meta’s regional activities with 100% renewable energy.
News item from Arevon
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