Pivot energy closes $200 million financing facility for a 100 mw multi-state portfolio of distributed solar projects

Silicon valley bank leads the financing in the first loan closing since being acquired by first citizens bank denver , may 9, 2023 /prnewswire/ -- today, pivot energy is excited to announce the closing of a ~ $203 million financing facility to support a multi-state portfolio of distributed generation solar projects. silicon valley bank (svb), a division of first citizens bank, will lead the debt facilities, and foss & company (foss) will make the initial tax equity investment.
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