CRC-IB Advises Pivot Energy in Raising Financing for 72 Megawatt Community Solar Portfolio
Pivot Energy, a leading national renewable energy provider, has closed on financing for a 72 Megawatt (MWdc) community solar portfolio with underlying projects located across five U.S. states. A large global retailer provided financing for the portfolio, which is currently under construction with a 2025 target completion date. Upon commercial operation, the projects will supply renewable energy to various subscribers, including C&I customers and low-to-moderate-income households.
CRC-IB served as the exclusive financial advisor to Pivot Energy on the transaction.
“Energy equity remains a crucial driver of the energy transition,” said Britta von Oesen, CRC-IB Partner & Managing Director. “We’re incredibly proud to support Pivot Energy as it continues to scale renewable energy, increasingly benefitting local communities and economies across the U.S.”
For more information on this transaction, please contact Britta von Oesen.
For the full press release, please click here.
About Pivot Energy
Pivot Energy is a national renewable energy provider that develops, finances, builds, owns, and manages solar and energy storage projects. Pivot offers a distributed energy platform that includes a range of services and software to serve the full solar ecosystem. Pivot is a Certified B-Corporation that proudly follows a corporate strategy aimed at positively impacting society as measured by Environmental stewardship, Social leadership, and responsible Governance (ESG) factors. Learn more at pivotenergy.net.
