Pivot Energy secures $200 million for 144 MW DC US solar portfolio

The $200 million tax credit deal has supported Pivot Energy’s 144 MW US solar expansion while advancing workforce, education, and nonprofit efforts in eight states.

By Nandini Yelabaka 08 May 2025 in Project Bytes America Bytes

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Acadia’s Climate and Communities Investment Coalition has facilitated this commitment with community investments led by Sustain Our Future Foundation. Image Source: Pivot energy

US-based RE Provider, Pivot Energy has received a $200 million tax credit commitment in May 2025 to support a 144 MW DC community solar portfolio across eight U.S. states: Colorado, Delaware, Hawaii, Illinois, Maryland, Minnesota, New York, and Virginia. The 40 projects are intended to deliver electricity to residential and commercial users and were backed by Acadia’s Climate and Communities Investment Coalition. The Sustain Our Future Foundation has been assigned to manage related investments. The portfolio is expected to contribute to job creation, tax revenue, and programs involving workforce development, education access, support for community organizations, and infrastructure improvements in selected locations. The initiative follows earlier financing arrangements exceeding $450 million with HASI, First Citizens Bank, and ATLAS SP Partners.

#US #CommunitySolar #Acadia #PivotEnergy

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