Tango Holdings, LLC, a joint venture between Savion Equity, LLC (a subsidiary of Shell plc) and a fund managed by Ares Infrastructure Opportunities strategy, announced two new solar projects in Indiana and Ohio have commenced commercial operations.
Combined, the projects will add 200 megawatts (MW) to the grid.
Indiana’s Elkhart County Solar Project spans 850 acres and is comprised of approximately 245,000 solar panels on single-axis trackers. The 100-MW facility is expected to generate enough energy to power around 20,000 homes annually for the next 40 years.
Indiana Michigan Power (I&M), an American Electric Power (AEP) company, entered into a Power Purchase Agreement (PPA) with Tango for the facility’s entire output.
In Ohio, the 100-MW Marion County Solar Project hosts another 245,000 solar panels on single-axis trackers across 750 acres. Developers anticipate it will power around 20,800 homes each year, with a Fortune 100 technology company securing a long-term Virtual Power Purchase Agreement (VPPA) for the offtake of its solar generation.
These projects are two of five solar assets totaling 496 MW — a result of the July 2025 joint venture. Four projects have reached commercial operations, with the fifth currently under construction.
Savion served as project developer and will act as a project-managing JV member, with Shell Renewable Asset Management International providing ongoing asset management services.
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