Predict your next investment

Pivot Energy company logo
ENERGY & UTILITIES | Renewables / Solar
pivotenergy.net

See what CB Insights has to offer

Founded Year

2009

Stage

Acq - Fin | Alive

About Pivot Energy

Pivot Energy is a solar energy company that develops, finances, builds and manages community and commercial solar projects around the country. The company offers a distributed energy platform that includes services and software aimed at serving the full commercial solar ecosystem.

Pivot Energy Headquarter Location

1750 15th St Suite 400

Denver, Colorado, 80202,

United States

+1.888.734.3033

Latest Pivot Energy News

09:47 ET Pivot Energy partners with Clean Footprint to bring 42 megawatts of solar energy, economic development, and jobs to tow...

Oct 20, 2021

News provided by Share this article Share this article HURT, Va., Oct. 20, 2021 /PRNewswire/ -- Pivot Energy and Clean Footprint are pleased to announce their partnership to bring 42 megawatts (MW) of solar energy capacity to 11 projects across Virginia. The projects are expected to serve households, municipal buildings, and local businesses with clean, renewable electricity for many years to come. Pivot Energy is pleased to announce a partnership with Clean Footprint to bring 42 megawatts (MW) of solar energy capacity to 11 projects across Virginia. The projects are expected to serve households, municipal buildings, and local businesses with clean, renewable electricity for many years to come. While Virginia may rank 11th nationally in terms of installed solar capacity, growth has largely come from utility-scale projects across the state. However, the Virginia Clean Economy Act, which passed the legislature in March 2020, will jump-start over 16 gigawatts of new solar development, including new distributed generation and community solar. The neighboring towns of Hurt and Altavista are among the first in the state to experience direct benefits of new solar development through the partnership between Pivot Energy and Clean Footprint as they will host the initial eight solar projects. Local leaders in both communities eagerly anticipate the wide range of possibilities renewable energy will bring to their communities, including new jobs and guaranteed land lease revenue for decades to come. "We are very excited about these upcoming solar projects as they are the first step toward the Town of Hurt going completely green. We are confident that becoming a green community will attract a lot of businesses, especially those in the tech industry since they are typically interested in supporting clean energy," said Hurt's mayor Gary Hodnett. Altavista will also reap the benefits of solar energy in their community. Not only will the projects provide clean, renewable energy to businesses and households, they will also provide local landowners with stable monthly income for hosting projects on unused portions of their land. "I'm glad that our land can go toward a good cause. I know we have some environmental problems, and the idea of supplying clean energy to the town of Altavista intrigues me," said local Altavista landowner, farmer, and Vietnam veteran Ralph English. Pivot Energy and Clean Footprint are thrilled to collaborate on bringing the benefits of solar energy, resiliency planning, economic development, and jobs to these communities. Clean Footprint is leading early-stage development of the solar projects while Pivot Energy will finance, own, and operate the portfolio over the long term. "Pivot Energy is a well-respected B-Corporation that was founded on strong commitments to both people and the planet. Their values align very closely with ours, which makes them the perfect partner for us to work with, especially in community-oriented towns like Hurt and Altavista that also stand to benefit tremendously from the economic impact of solar energy," said Clean Footprint CEO John Porter. "Clean Footprint's leadership consistently delivers on doing the right thing and making a positive economic and environmental impact. They prioritize the needs of the local community and put personal relationships front and center, while also continuing to drive the development of more renewable energy. The natural synergies between Pivot Energy and Clean Footprint makes projects like these really special," said Pivot Energy's Vice President of Strategic Partnerships, Matt Preskenis. Both Clean Footprint and Pivot Energy see the Hurt and Altavista projects as an important start to a lasting partnership that has the potential to bring tremendous value to additional towns across Virginia and the broader Mid-Atlantic. About Pivot Energy Pivot Energy is a national solar provider that develops, finances, builds, owns, and manages solar and storage energy projects. Pivot offers a distributed energy platform that includes a range of services and software aimed at serving the full solar ecosystem. Pivot operates on a triple bottom line basis, measuring success by the positive impact on people, the planet, and profit. Learn more at pivotenergy.net About Clean Footprint Through the extensive background of our management team, Clean Footprint has positioned itself as a leader in the origination and development of solar projects. Our Team, their collective experience, and years of industry knowledge enables Clean Footprint to offer our financial partners solutions that are reliable, cost effective, and sustainable. Learn more at clean-footprint.com Contact Information

Sep 29, 2021
Boulder Commons

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing Pivot Energy

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Pivot Energy is included in 1 Expert Collection, including Energy Management Software.

E

Energy Management Software

433 items

Companies creating software to help manage, optimize, and automate energy management and optimization.

Pivot Energy Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

Pivot Energy Rank

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.