Pivot Energy, a Denver-based renewable energy provider, has announced three financing agreements totaling $225 million. The agreements include a $170 million upsize to an existing construction warehouse facility with ATLAS SP Partners and First Citizens Bank. This facility supports 60 community solar projects equaling 225 MW across Illinois, Colorado, Maryland, Virginia, New York, Pennsylvania, Delaware, Michigan, and California. Additionally, First Citizens Bank provided a $40 million equipment facility for purchasing panels from Silfab Solar Inc., while Comerica Bank contributed a $15 million corporate financing facility. These deals follow a $450 million debt warehouse facility secured last year, bringing Pivot's total 2025 financing to $435 million. Energy Capital Partners supports Pivot as one of its key portfolio companies in the renewable sector. Recently, TurningPoint has launched a 2.9 MW solar farm with Pivot Energy near Baltimore.
/solarbytes/media/post_attachments/1898f753-3b4.jpg)
/solarbytes/media/agency_attachments/2025/01/13/2025-01-13t112055287z-solarbytes.png)
/solarbytes/media/agency_attachments/2025/01/13/2025-01-13t112030439z-solarbytes.png)
/solarbytes/media/media_files/2025/12/18/2025-12-18-pivot-gks-2025-12-18-14-12-06.jpg)