Pivot Energy Secures $225 Million for Expanding Community Solar Projects Across the U.S.

Pivot Energy Secures $225 Million for Community Solar

On December 17, 2025, Pivot Energy, a prominent player in renewable energy and an independent power producer, announced securing over $225 million through key financing agreements. This financial boost underscores the company's commitment to expanding renewable energy access and advancing community solar initiatives across various states in the U.S.

The financing is diversified into three major components:

1. $170 Million Upsize to Construction Warehouse Facility: This substantial increase comes from ATLAS SP and First Citizens Bank and supports a new portfolio of about 60 community solar projects. Collectively generating approximately 225 Megawatts (MW), these projects will take place across eight states: Illinois, Colorado, Maryland, Virginia, New York, Pennsylvania, Delaware, Michigan, and California.

2. $40 Million Equipment Facility: Provided from First Citizens Bank, this facility is dedicated to securing domestically made solar panels from Silfab Solar Inc.

3. $15 Million Corporate Financing Facility: Offered by Comerica Bank, this facility further strengthens Pivot's financial background.

This recent funding announcement comes on the heels of Pivot’s impressive accomplishment in the last fiscal year, wherein they secured a $450 million debt warehouse facility—a significant achievement in solar energy financing.

With the latest financing agreements, Pivot Energy's total financing in 2025 has escalated to an impressive $435 million, despite facing challenges related to federal policies affecting the renewable energy sector. This resilience illustrates the ability of leading solar developers like Pivot to attract necessary capital, with their financial strategies bolstered by major players in the energy finance domain such as Energy Capital Partners (ECP).

Tom Hunt, CEO of Pivot Energy, expressed gratitude for the extended support from their financial partners. He states, "These partnerships affirm the vitality of the renewable energy industry, and we are committed to scaling our distributed generation projects that provide reliable electricity and help lower energy costs across the nation."

Spencer Hunsberger from ATLAS acknowledged the importance of pivoting during uncertain policy environments. He remarked on the value of the expanded support for Pivot’s growth, indicating that these additional funds will catalyze further advancements in the clean energy sector.

Similarly, Mike Lorusso from First Citizens Bank emphasized their collaborative efforts in restructuring and expanding the financing facilities, which would allow Pivot Energy to make the most of investment tax credits moving forward.

About Pivot Energy

Pivot Energy stands at the forefront of renewable energy solutions in the United States. The company not only develops, finances, and manages solar and energy storage projects but also prides itself on being a Certified B-Corporation, promoting a responsible corporate strategy focused on environmental and social governance. Their mission encompasses driving the clean energy transition by assisting communities and corporations in meaningful decarbonization efforts.

About ATLAS SP Partners

ATLAS is a global investment firm that provides tailored financing solutions along with advisory services aimed at meeting the diverse needs of market participants in structured credit and asset-backed financing.

About First Citizens Bank

Headquartered in Raleigh, North Carolina, First Citizens Bank offers a comprehensive suite of financial services to personal and commercial clients and has a rich legacy of stability and customer strength.

Pivot Energy is unmistakably positioned as a leader ready to tackle the increasing demand for clean energy, showcasing ongoing growth and commitment to revolutionizing renewable energy solutions across the United States.