Arevon Executive Jack Southard Won Rising Star Award
The POWER Magazine honored the project finance leader for his work on massive energy storage deals.
Updated on Sept. 29, 2026 in Corporate Finance
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POWER Magazine has named Jack Southard, vice president of Project Finance at Arevon, as the winner of its 2026 Rising Star Award. The recognition follows his leadership in securing major financing for large-scale energy storage projects.
Why it matters
The award honors Southard for his high-performance track record in energy finance, marked by his management of complex lender negotiations and his quiet confidence in professional reviews.
Southard led the financing for the 300-MW/1,200-MWh Nighthawk battery storage project, which secured $920 million. He previously helped secure $350 million for the 200-MW/800-MWh Condor Energy Storage Project, which powers 257,000 homes.
The players
Jack Southard
He is the vice president of Project Finance at Arevon and a 2026 POWER Rising Star Award winner.
Arevon
This renewable energy firm manages significant battery storage projects and operates independently following a 2021 spin-out.
Nimmi Kavasery
A colleague at Arevon who has closed over $5.1 billion in project financing during her career.
POWER Magazine
This publication provides industry news and analysis for the power generation sector and manages the Rising Star Award.
The details
Southard manages lender negotiations by strategically involving senior leadership only when necessary and tracks the growth of his team through personal spreadsheets. His work at Arevon, which spun out from Capital Dynamics in 2021, has been central to the firm's growth in California and beyond.
Timeline
Arevon separated from Capital Dynamics in 2021.
The Condor Energy Storage Project received Proximo's Deal of the Year award in 2024.
Nimmi Kavasery joined the Arevon team in 2024.
Jack Southard received the POWER Rising Star Award on September 29, 2026.
Market Landscape
This award highlights the ongoing consolidation and rapid growth within the energy storage finance sector. Southard's recognition follows the success of Proximo's 2024 Deal of the Year, which set a high bar for excellence in project finance.
The success of these projects helps ensure grid stability for 257,000 homes in California. Increased efficiency in securing financing may lead to faster deployments of large-scale battery storage, ultimately supporting more reliable energy access for consumers.
The takeaway
Effective project finance leadership relies on both high-level negotiation skills and meticulous management of internal team development. Professionals aiming for career advancement in the renewable energy sector should focus on demonstrating both quantitative deal results and soft management metrics.
Further reading
For more on the latest trends in the sector, see Corporate Finance.
Source note: This article includes information reported by POWER Magazine.
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