Pivot Energy Closes $200 Million Financing Facility For A 100 Mw Multi-State Portfolio Of Distributed Solar Projects
Amount Raised
$200 Million
Round Type
Funding Round
DenverEnergyRenewable EnergyInvestors
Description
Today, Pivot Energy is excited to announce the closing of a ~$203 million financing facility to support a multi-state portfolio of distributed generation solar projects. Silicon Valley Bank (SVB), a division of First Citizens Bank, will lead the debt facilities, and Foss & Company (Foss) will make the initial tax equity investment. The 100 MWdc portfolio comprises 35 community solar and C&I projects planned to reach commercial operation (COD) between Q2 2023 and Q2 2024.
Quick answer
Pivot Energy raised $200 Million in a Funding Round round, dated May 9, 2023. Investors: Foss & Company, Silicon Valley Bank and Pivot Energy. Pivot Energy is based in Denver, Colorado, United States.
- How much did Pivot Energy raise?
- Pivot Energy raised $200 Million in a Funding Round round on May 9, 2023.
- Who invested in Pivot Energy?
- Foss & Company, Silicon Valley Bank and Pivot Energy are named as investors in this round.
- What does Pivot Energy do?
- Pivot Energy is a renewable energy provider and independent power producer that develops, finances, builds, owns, and manages solar and energy storage projects.
- Where is Pivot Energy based and how big is it?
- Pivot Energy is based in Denver, Colorado, United States. Fundz records about 281 employees.
- Who are the decision-makers at Pivot Energy?
- Fundz holds 1 contact at Pivot Energy. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Renewable Energy around the same time
Companies in the same sectors as Pivot Energy that raised within 45 days of this round, from Fundz verified event records.
- 1KOMMA5° raised $468M (Funding Round) on June 23, 2023.
- Focused Energy Inc. raised $82M (Funding Round) on June 22, 2023.
- SafEarth raised $427K (Seed) on June 21, 2023.
- Aptera Motors raised $79K (Seed) on June 20, 2023.
- Yellow raised $14M (Funding Round) on June 19, 2023.
- CubicPV raised an undisclosed amount on June 13, 2023.
Who to call at Pivot Energy, and when
A new round usually means Pivot Energy is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Pivot Energy raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Pivot Energy, from your own LinkedIn network
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Related People
Pivot Energy raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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