Pivot Energy Closes $190 Million Of Debt And Tax Equity Financing To Support 90 Mw Distributed Generation Solar Portfolio
Amount Raised
$190 Million
Round Type
Venture
DenverEnergyRenewable EnergyDescription
Today, Pivot Energy is excited to announce the closing of a $190 million financing facility to support a multi-state portfolio of distributed generation solar projects. Silicon Valley Bank (SVB) will lead the debt facilities and Foss & Company (Foss) will make the tax equity investment. The 90 megawatt (MW) portfolio comprises over 40 solar projects, approximately 80% community solar, and 20% commercial and industrial (C&I) power purchase agreements (PPAs).
Quick answer
Pivot Energy raised $190 Million in a funding round, dated April 18, 2022. Pivot Energy is based in Denver, Colorado, United States.
- How much did Pivot Energy raise?
- Pivot Energy raised $190 Million in a funding round on April 18, 2022.
- 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.
- Clean Energy Technologies, Inc. raised $675K (Seed) on June 2, 2022.
- Li Cycle raised $200M on June 1, 2022.
- Sunrock Distributed Generation raised $10M on May 27, 2022.
- RE Royalties Ltd raised $1.3M (Seed) on May 26, 2022.
- Natrion raised an undisclosed amount (Funding Round) on May 25, 2022.
- Lydian raised $2M on May 24, 2022.
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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