Arevon Energy, a renewable energy developer, owner, and operator, and Meta Platforms have signed a long-term environmental attributes purchase agreement (EAPA) for Arevon’s Heirloom Solar Project in Pike County, Indiana.
The 60-MWAC Heirloom Solar Project recently started construction and is targeted to be fully operational in Q3 2025. Arevon will own and operate Heirloom Solar. Local landowners will receive steady payments throughout the life of the project, diversifying their income and allowing 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 reaching net zero emissions across its value chain,” said Kevin Smith, CEO at Arevon. “Pike County has been a welcoming host to the Heirloom Solar Project, and we are excited to be a part of the community for years to come.”
Arevon’s activities in Pike County, which include the Heirloom Solar Project plus an adjacent solar facility, will disburse more than $86 million to local governments over their lifespans. The projects will also employ nearly 200 full-time equivalent jobs to build the facilities.
“We are pleased to work with Arevon again as we continue the important work of advancing the transition to clean energy,” said Urvi Parekh, head of renewable energy at Meta. ”We look forward to the Heirloom Solar Project coming online and continuing our partnership.”
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 deliver 349 MWAC of power to support Meta’s regional operations with 100% renewable energy.
News item from Arevon