Shell-Ares JV Brings New Solar Capacity Online in Indiana and Ohio
Tango Holdings, a joint venture between Savion Equity (a subsidiary of Shell) and funds managed by Ares Infrastructure Opportunities, has brought two utility-scale solar projects online in the U.S. Midwest.
The newly operational facilities - the Elkhart County Solar Project in Indiana and the Marion County Solar Project in Ohio - each have a generation capacity of 100 MW. Together, they mark another step in the joint venture’s broader renewable energy expansion strategy.
Construction on the Indiana project began in August 2024. The site spans approximately 850 acres and includes around 245,000 solar modules mounted on single-axis trackers. The project operates under a power purchase agreement with Indiana Michigan Power, a subsidiary of American Electric Power.
The Ohio installation, built across 750 acres, began construction in November 2024 and features a similar configuration of 245,000 modules. It is backed by a long-term virtual power purchase agreement with an unnamed Fortune 100 technology company.
Nick Lincon, president and CEO of Savion, said: “Bringing these two solar projects to commercial operations underscores Savion’s priority of delivering domestic, cost-competitive power to the areas of the U.S. grid with the highest energy demand.”
Steve Porto, partner at Ares Infrastructure Opportunities, added: “The successful energization of these projects demonstrates the disciplined execution and goal of long-term value creation that are central to Tango’s strategy.”
The two sites are part of a five-project portfolio announced in July 2025, totaling 496 MW. Four projects are now operational, with one remaining under construction.
Source: savionenergy.com