FINANCIAL_SERVICESONGOING

Arevon Holds Glendale Townsite Solar PPA

Arevon is the current counterparty for Glendale’s 25‑year Townsite Solar power purchase agreement, supplying nearly 292,000 MWh annually through 2040. The contract specifies renewable and zero‑carbon delivery requirements at an energy price that escalates 1.95% per year.

Document date · May 4, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$86.2819/MWh in 2020 with 1.95% annual escalator (current rate $96.882/MWh)
Contract type
FINANCIAL_SERVICES
Contract term
Through 2040 (remaining portion of original 25‑year term)
Renewal date
2040-12-31
Renewal
Arevon holds the remaining portion of a 25‑year PPA ending in 2040 at an escalating rate; no renewal or extension options are mentioned.
Document type
Agenda
Source document
Glendale Water and Power Commission Meeting Agenda May 4, 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Glendale?

AREVON was awarded this financial services contract by City of Glendale, as recorded on May 4, 2026. The contract value is $86.2819/MWh in 2020 with 1.95% annual escalator (current rate $96.882/MWh).

How much is the AREVON contract with City of Glendale worth?

The AREVON contract with City of Glendale is valued at $86.2819/MWh in 2020 with 1.95% annual escalator (current rate $96.882/MWh), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Glendale Water and Power Commission Meeting Agenda May 4, 2026 (Agenda), dated May 4, 2026 from City of Glendale. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does AREVON hold?

AREVON may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View AREVON's profile

What is City of Glendale currently buying?

Explore City of Glendale's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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