Tech Company Financing Transactions
Pivot Energy Funding Round
Foss and Company and Silicon Valley Bank participated in a $203 million venture round for Pivot Energy. This VC investment round was announced on 5/9/2023.
Transaction Overview
Company Name
Announced On
5/9/2023
Transaction Type
Debt
Amount
$203,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Foss has provided the initial tax equity investment, which coupled with the debt financing, will enable Pivot to construct, operate, and own the portfolio. SVB and Foss & Company acted as the lead financing parties for Pivot's inaugural portfolio that closed in 2022.
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Tom Hunt
Chief Financial Officer
Bret Labadie
Chief Operating Officer
Jeff Peterson
VP - Marketing
Melanie Kelly
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Where The Data Comes From
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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