CalSTRS, ADIA and APG back new clean energy firm

An investor group comprising APG, the California State Teachers’ Retirement System and a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) supported the formation of Arevon Energy, a new clean energy infrastructure firm.

Arevon Energy is formed by the combination of Capital Dynamics U.S. clean energy infrastructure team and Arevon Asset Management. The institutions backing the new entity will own the new firm along with Capital Dynamics.

John Breckenridge, previously a senior managing director and head of clean energy infrastructure at Capital Dynamics, will lead Arevon Energy as CEO.

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