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Pivot Energy secures $225mn to develop 60 new community solar projects

Pivot Energy has secured $225mn in funding from three banking partners to support a portfolio of 60 community solar power plants across nine US states.

Pivot Energy secures $225mn to develop 60 new community solar projects

CountriesÉtats-Unis
SectorÉnergie Solaire, Photovoltaïque
ThemeInvestissements & Transactions, Développement de projets, Financement

US-based Pivot Energy announced it has secured $225mn in financing from three existing lenders to accelerate the rollout of distributed solar energy projects. The funds will primarily support the construction of 60 community solar projects with a combined capacity of 225 megawatts, as well as the acquisition of domestically manufactured equipment.

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Énergie Solaire