Contract Administrator - Land Development

Arevon celebrates construction progress at its 250 megawatt/1,000 megawatt-hour Cormorant Energy Storage Project in California. Sep 16, 2026, 11:00 ET The battery storage facility will strengthen grid reliability while driving local economic investment and supporting California's transition to a more affordable and resilient energy future DALY CITY, Calif. and SCOTTSDALE, Ariz., Sept. 16, 2026 /PRNewswire/ - Arevon Energy, Inc., a leading American energy developer, owner, and operator, today celebrated significant construction progress at its Cormorant Energy Storage Project in Daly City, California. The 250 megawatt (MW)/1,000 megawatt-hour (MWh) facility, expected to begin operations in 2027, will be capable of powering 321,000 homes for up to four hours during periods of peak electricity demand. By storing electricity during periods of lower demand and dispatching it when demand is highest, the project will enhance grid reliability in California. Arevon is developing and will own and operate Cormorant, which is being constructed in partnership with Primoris Services Corporation's Renewables group. The project will employ approximately 175 workers at peak construction and will use lithium iron phosphate battery technology, recognized for its strong safety record and long operating life. Over its lifetime, Cormorant is expected to generate more than $73 million in property tax revenue to help fund schools, infrastructure improvements, and public services. In addition, the project will save more than 4.2 billion gallons of water and avoid 174,000 metric tons of CO[2] annually. Arevon announced Cormorant's start of construction in March 2026, and has since made significant advancement toward commercial operation. To mark this progress, Arevon hosted a celebration attended by project partners, state and local officials, labor and business leaders, and community members. Speaking on the project's anticipated impact were Justin Johnson, Chief Executive Officer at Arevon; Molly Sterkel, a Director in the Energy Division of the California Public Utilities Commission (CPUC); Mayor Glenn Sylvester of Daly City; Perla Ibarrientos, Chairman of the Board at Pilipino Bayanihan Resource Center; and Marya Ouro-Gbeleou, Senior Director of Client Services at the Daly City Partnership. Megan Yarnell, Development Associate at Arevon, was the event's master of ceremonies. "Cormorant represents the kind of critical energy infrastructure California needs to meet growing electricity demand while strengthening grid reliability," said Johnson. "This event recognized the tremendous work of our construction crews and project partners who are bringing this facility to life. Arevon is proud to invest in projects that store power when it is abundant, deliver it when it is needed most, and support a more reliable and affordable energy future for California." "Cormorant is a great example of the progress California is making toward a reliable, affordable, and increasingly clean electric grid. The CPUC, working with our partners through the state's Tracking Energy Development Task Force, has supported this project since 2024, helping address challenges and keep it moving forward," said Sterkel. "The CPUC expects over 20 gigawatts of new clean resources to come online by 2032 to meet our reliability requirements. Battery storage is a critical part of that effort, providing reliability when solar generation declines and demand remains high. We congratulate Arevon and all of the partners who helped advance this 250 MW project to this important milestone for California's clean energy future." "This project demonstrates that Daly City can play a leading role in building the reliable, resilient infrastructure our state needs," said Mayor Sylvester. "Cormorant will strengthen our electric grid, create jobs, generate significant long-term revenue for public services, and help move California toward a cleaner and more sustainable future." Cormorant is under a long-term offtake agreement with MCE, an electricity provider serving more than 1.8 million residents and businesses across Contra Costa, Marin, Napa, and Solano counties. Originally planned at 188 MW/752 MWh, Cormorant was expanded to 250 MW/1,000 MWh, with MCE contracting for the project's additional capacity. "MCE and Arevon have partnered on the Cormorant Energy Storage Project to provide clean, reliable electricity when it's needed most," said Vicken Kasarjian, MCE's Acting Chief Executive Officer and Chief Operating Officer. "In addition to helping Bay Area residents take advantage of abundant midday solar production, this project has a direct community benefit. As part of Arevon's contract with MCE, more than $500,000 will be distributed to fund local community programs that empower residents and support a future we can be proud of." Arevon has continued its engagement in Daly City and the greater Bayshore community as Cormorant has progressed through development and construction. Through donations, sponsorships, scholarships, memberships, and volunteer activities, the company has partnered with more than a dozen local and regional organizations, including Bayshore Elementary School District, Jefferson Union High School District, Daly City Partnership, Pilipino Bayanihan Resource Center, Bayshore Community Center, Pacific Islands Together, John's Closet, among others. "From offering afterschool programs to senior assistance initiatives to workforce trainings, community support is at the heart of everything we do at the Daly City Partnership," said Mike Stancil, Executive Director at the Daly City Partnership. "By investing in clean, renewable energy for Daly City, it's clear that Arevon shares our same commitment to community. They have been a great supporter of our organization, and we are incredibly grateful to have such a caring and compassionate corporate partner in Daly City." Several of these projects have also received national recognition, including Condor for Proximo's North America Storage Deal of the Year Award, Vikings for IJGlobal's Renewables Deal of the Year - Energy Storage Award and Proximo's North American Deals of the Year Award, and Eland, which received highly commended recognition in the 2026 Reuters Events Clean Power Generation Award. In addition, Eland and Nighthawk have been named finalists in the S&P Global Platts 2026 Global Energy Awards in the Infrastructure Project of the Year and Energy Deal of the Year categories, respectively. Arevon also earned the No. 1 developer ranking in California in Solar Power World's 2026 Top Solar Contractors List. About Arevon Energy, Inc. Arevon is a U.S. energy leader committed to powering America with affordable, reliable, and secure homegrown energy. Headquartered in Scottsdale, Arizona, and with a regional office in New York City, the company's experienced and dedicated team develops, finances, builds, owns, and operates renewable energy projects nationwide. With a strong track record in utility-scale solar and energy storage, Arevon is a trusted partner to utilities and businesses seeking cost-effective, sustainable energy solutions. By prioritizing American manufacturing and domestic energy production, the company invests in U.S. jobs, strengthens local economies, and advances the country's energy independence. Arevon owns and operates more than 6.3 gigawatts of solar and energy storage projects across 18 states, is currently constructing 370 megawatts (MW) of new capacity, and maintains a robust development portfolio. The company has also partnered with local utilities to develop and build 480 MW of solar energy, ensuring each project was successfully integrated into their communities. Together, this scale, execution, and ongoing development activity position Arevon at the forefront of American energy innovation. For more information, visit arevonenergy.com. SOURCE Arevon

Arevon Energy's 1,200MWh California BESS begins operations. August 13, 2026 Renewable energy developer-operator Arevon Energy has put its 300MW/1,200MWh Nighthawk Energy Storage Project in Poway, California, US into operation. Announced on 12 August, Nighthawk is the largest battery energy storage system (BESS) in Arevon's portfolio. It uses Tesla Megapack systems, which utilise lithium iron phosphate (LFP) battery technology, and was celebrated with an on-site ribbon cutting ceremony featuring project partners, local officials, business leaders, and community members. Arevon developed, constructed, owns, and operates the project, which is under a long-term agreement with utiliy Pacific Gas and Electric Company (PG&E). Arevon claimed that over its lifetime, Nighthawk is expected to generate over US$30 million in property tax revenue which will help fund local schools, public safety, infrastructure improvements, and other community services. The company also claimed that during peak construction, Nighthawk employed over 130 workers and generated economic activity for local businesses and the surrounding community. Nighthawk was part of a series of projects stemming from California Public Utilities Commission (CPUC) directives requiring the state's load-serving entities, including utilities, to procure additional energy resources to strengthen the grid. Arevon began construction on the project last summer, and told Energy-Storage.news that it acquired the project in 2020. "[Independent power producer] Tenaska was the greenfield developer of the Nighthawk project. In 2020, Arevon acquired from Tenaska the Falcon portfolio, which included Nighthawk and eight other standalone BESS projects in California, and partnered with them on developing these projects. In September 2023, after staffing up our internal development team, Arevon took over development of Nighthawk and the rest of the Falcon projects". Arevon also highlighted its community engagement activities while developing the project, stating that it partnered with organisations throughout Poway and the greater San Diego community to support youth programmes, first responders, special needs adult services, climate education, and local non-profit organisations. In March, Arevon closed a US$920 million financing package for Nighthawk, including a US$482 million debt facility coordinated by the Canadian Imperial Bank of Commerce (CIBC) as the lead arranger, with contributions from ING Capital LLC, NORD/LB, Santander, and Zions Bancorporation. The financing also included a US$169 million preferred equity investment, arranged with Goldman Sachs Alternatives, to streamline the monetisation of tax credits, and a US$268 million tax credit transfer agreement with a corporate buyer. Also in March, Arevon began building its 250MW/1,000MWh Cormorant BESS project in Daly City, California. It is expected to come online in 2027 and has a long-term offtake agreement with utility MCE Community Choice Energy. Battery Asset Management Summit USA 2026 will be held 15-16 September in Garden Grove, California, hosted by Energy-Storage.news publisher Solar Media (part of the Informa Group). The agenda emphasises addressing the roles of AI, cybersecurity, and second-life applications, broken down into two tracks: Technical Asset Management and Commercial Asset Management. This year, the conference is also co-located with Solar & Storage Finance Summit USA. Visit the official site for more details. 25 August 2026 Sydney, Australia Building on its successful global portfolio of energy storage network events including its successful Energy Storage Summit Australia, combined with the exponential buildout of large-scale energy storage, Energy Storage International is delighted to return for the inaugural Battery Asset Management Summit Australia in Sydney (25-26 August 2026). The Battery Asset Management Summit has been received worldwide with huge optimism and has quickly established itself as leading event series for connecting asset owners with optimisers, software providers, and many more. 8 September 2026 Barcelona, Spain Battery & Energy Storage Tech Europe (BESTE) is Europe's industrial scaling platform for stationary and industrial battery applications - not EVs. Taking place 8-9 September 2026 at Fira de Barcelona, BESTE brings together utilities, IPPs, energy-intensive industries, data centres, ports, rail, maritime, defence and aerospace OEMs - all deploying or integrating battery storage at scale. Over 100 companies already confirmed - including EDP Renewables, Acciona, Endesa, Naturgy, Neoen, Galp, Basquevolt and Veolia - alongside 40+ expert speakers and international institutional support from BEPA, BVES, LDES and Volta Foundation. Where Europe's battery & ES ecosystem turns projects into reality. 15 September 2026 San Diego, USA You can expect to meet and network with all the key industry players again in 2025 from major US asset owners, operators, RTOs and ISOs, optimizers, software and analytics providers, technical consultancies, O&M technology providers and more. 15 September 2026 Berlin, Germany Launching September 2026 in Berlin, Energy Storage Summit Germany is a new standalone event dedicated to Germany's energy storage market. Bringing together investors, developers, policymakers, TSOs, manufacturers and optimisation specialists, the Summit explores the regulatory shifts, revenue models, financing strategies and technology innovations shaping large-scale deployment. With Germany targeting 80% renewables by 2030, it offers a focused platform to connect with the decision-makers driving the Energiewende and the future of utility-scale storage. 6 October 2026 Warsaw, Poland The Energy Storage Summit Central Eastern Europe is set to return in September 2025 for its third edition, focusing on regional markets and the unique opportunities they present. This event will bring together key stakeholders from across the region to explore the latest trends in energy storage, with a focus on the increasing integration of energy storage into regional grids, evolving government policies, and the growing need for energy security. 13 October 2026 London, UK Now in its second edition, the Summit provides a dedicated platform for UK & Ireland's BESS community to share practical insights on performance, degradation, safety, market design and optimisation strategies. As storage deployment accelerates towards 2030 targets, attendees gain the tools needed to enhance returns and operate resilient, efficient assets.