Arevon - About the company
Arevon is an acquired company based in California City (United States), founded in 2011. It operates as a Developer of utility scale solar energy and battery storage systems. Arevon has raised $350M in funding from Blackstone. The company has 1193 active competitors, including 63 funded and 96 that have exited. Its top competitors include companies like Enel X, Origis Energy and Hillman Group.
Company Details
Developer of utility scale solar energy and battery storage systems. This organization manages the full lifecycle of renewable power projects, including development, financing, construction, and ongoing operations. It provides infrastructure solutions that integrate solar generation with advanced battery technology to support grid reliability and energy optimization. The firm collaborates with landowners and stakeholders to implement sustainable power generation assets. By focusing on technical expertise and project execution, the entity delivers reliable electricity to the grid while maintaining long-term operational oversight of its renewable energy portfolio.
Key Metrics
Founded Year
2011
Location
California City, United States
Stage
Acquired
Total Funding
$350M in 1 round
Latest Funding Round
Investors
Ranked
29th among 1193 active competitors
Employee Count
323 as on Aug 31, 2026
Exit Details
Acquired by APG (Aug 17, 2021)
Arevon's acquisition details
Click here to take a look at Arevon's acquisition in detail
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Arevon's funding and investors
Arevon has raised a total funding of $350M over 1 round. Its latest funding round was a Series D round on Feb 13, 2024 for $*****. 1 investor participated in its latest round. Arevon has 1 institutional investor.
Here is the list of recent funding rounds of Arevon:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 13, 2024 | 7092938 | Series D | 6770946 | 2217021 | 4518690 | 1251297 |
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Arevon's founders and board of directors
Founder? Claim ProfileArevon's employee count trend
Arevon has 323 employees as of Aug 26. Here is Arevon's employee count trend over the years:
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Arevon's Competitors and alternates
Top competitors of Arevon include Enel X, Origis Energy and Hillman Group. Here is the list of Top 10 competitors of Arevon, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Enel X 2001, Boston (United States), Acquired | Developer of utility-scale renewable energy projects | $168M | 75/100 | |
2nd | Origis Energy 2008, Miami (United States), Acquired | Utility Scale and commercial solar project developer | $149M | 66/100 | |
3rd | Hillman Group 1964, Cincinnati (United States), Public | Provider of hardware and home improvement products to retail markets | - | 62/100 | |
4th | Recurrent Energy 2006, San Francisco (United States), Acquired | Developer of utility-scale solar projects | $585M | 62/100 | |
5th | Longroad Energy 2016, San Francisco (United States), Series B | Developer of utility-scale wind and solar power projects | $500M | 61/100 | |
6th |  Strata Clean Energy 2008, Durham (United States), Late Stage | Online platform offering solar-based energy storage solutions | $150M | 60/100 | |
7th |  Aspen Power 2020, Dallas (United States), Acquired | Provider of renewable energy asset development, construction, and operation services | $120M | 60/100 | |
8th | CleanChoice Energy 2011, Washington, DC (United States), Acquired | Renewable energy provider offering clean electricity solutions for a sustainable future | $16.6M | 58/100 | |
9th |  Orbital Energy Group 1984, Houston (United States), Public | Developer of solar energy projects | - | 57/100 | |
10th |  FTC Solar 2017, Austin (United States), Public | Developer of solar tracker systems and software for utility projects | - | - | 57/100 |
29th |  Arevon 2011, California City (United States), Acquired | Developer of utility scale solar energy and battery storage systems | $350M | 47/100 |
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Arevon's Investments and acquisitions
Arevon has made no investments or acquisitions yet.
Reports related to Arevon
Here is the latest report on Arevon's sector:
News related to Arevon
Filter this listMedia has covered Arevon for a total of 14 events in the last 1 year, 7 of them have been about company updates and 1 about people movement.
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Arevon Announces Construction Progress on 250-MW/1-GWh California Battery Storage ProjectRenewables Now•Sep 17, 2026•Arevon
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Arevon Recognized as One of the Nation’s Top Solar and Energy Storage Developers by Solar Power WorldMiningstockeducation•Jul 29, 2026•Arevon
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US battery storage developers get creative as pure merchant model fadesEnergy-Storage•Apr 08, 2026•Arevon, Zenobe, Ascend Analytics, Kona Energy
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Arevon Starts Building CA BESS; BPP, Energy Vault Buy TX ProjectsEnergy-Storage•Mar 24, 2026•Banpu Power, Arevon
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Goldman Sachs has completed the acquisition of Urban CampusCoStar•Mar 13, 2026•Urban Campus, Goldman Sachs, Arevon
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Intesa Sanpaolo IMI CIB finances $183 million to Arevon for Big Muddy solar project in the USAAffari Italiani•Mar 12, 2026•Arevon, Intesa Sanpaolo
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Arevon's 430 MW Kelso Solar Project Commences Operations in MissouriMiningstockeducation•Mar 04, 2026•Arevon
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Arevon secures USD-183m financing for Big Muddy Solar in IllinoisRenewables Now•Feb 25, 2026•Arevon, Credit Agricole, Intesa Sanpaolo
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