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Arevon and Blackstone Credit & Insurance Close $350 Million Preferred Equity, Debt, and ITC Transfer Financing for Condor Energy Storage Project
February 14, 2024
NEW YORK, Feb. 14 -- Blackstone, an investment firm, issued the following news release on Feb. 13, 2024:

NEW YORK and SCOTTSDALE, Ariz. -- Arevon Energy, Inc., a leading renewable energy developer, owner, and operator, together with Blackstone Credit & Insurance (BXCI), today announced a successful financial close for the 200 megawatt/800 megawatt-hour Condor Energy Storage Project (Condor) currently under construction in Grand Terrace, California.

The project is an . . .

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