Tech Company Financing Transactions
Pivot Energy Funding Round
Pivot Energy, based in St. Louis, secured $450 million from First Citizens Bank and private investors.
Transaction Overview
Company Name
Announced On
11/21/2024
Transaction Type
Debt
Amount
$450,000,000
Round
Undisclosed
Investors
First Citizens Bank (Lead Investor)
Proceeds Purpose
The company intends to allocate the amount to support construction of 300 Megawatts of U.S. community solar projects and financing agreement to date.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
St. Louis Office 224 North 7th St
St. Louis, MT 63101
USA
St. Louis, MT 63101
USA
Phone
Website
Email Address
Overview
Pivot Energy is a national leader in the development of onsite solar projects and small utility solar projects, including community solar. Pivot Energy is fiercely dedicated to accelerating the rapid transition taking place in the energy industry to a more decentralized and cleaner approach to power generation. We are committed to positively contributing to the local communities and people we serve with more than clean energy. We believe global warming poses an existential threat to our planet and that we have a responsibility to help mitigate the threat.
Management Team
Title
Name
Email & Social
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Our team works diligently to record funding rounds that are announced publicly. All VC database entries on this site are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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