Nuclear

Pivot Energy Closes $173-Million Loan for 135 MW of Solar Capacity

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 18/10/2026, 20:31:24 UTC.

Briefings

Pivot Energy secured a $173 million term loan to finance 135 MW of community-scale solar capacity across six states. The facility was funded by long-term partners including First Citizens Bank, Huntington Bank, and BankUnited, and serves as a refinancing for existing projects. This transaction occurred in October 2026, marking a significant expansion of renewable energy infrastructure in the region.

Key points

• Pivot Energy secured a $173 million term loan facility to finance 135 MW of community-scale solar capacity across six states.
• The project portfolio includes 51 solar projects, with financing provided by First Citizens Bank, Huntington Bank, and BankUnited.

Context

Pivot Energy is an impact-focused independent power producer specializing in distributed-scale solar and energy storage. This loan represents a strategic expansion of their renewable energy portfolio, utilizing established financial partners to support community-scale infrastructure development.

Limitations

Evidence is limited to the announcement of the loan closing in October 2026. Specific project locations, operational dates, and future performance metrics are not provided. The source is POWER Magazine, and the article does not contain additional background context beyond the transaction details.

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