CohnReznick Capital Advises Pivot Energy in Raising Tax Equity and Debt Financing for 100MW Distributed Solar Portfolio
Pivot Energy, a national solar provider that develops, finances, builds, owns, and manages solar and energy storage projects, has closed on a $203 million tax equity and debt financing facility for a 100MW distributed generation solar portfolio.
The 35 community solar and C&I projects, located across several U.S. states, will provide clean energy to a diverse subscriber mix, including commercial clients and residential and low-to-moderate income households.
CohnReznick Capital is pleased to have acted as exclusive financial advisor to Pivot Energy on this transaction, which combines collaborative, streamlined capital and furthers the expansion of much-needed community solar in the U.S.
About Pivot Energy
Pivot Energy is a national solar 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.