Pivot Energy Secures Over $225 Million from Three Existing Lenders to Advance Community Solar Projects
First Citizens BancShares, Inc. - Class A (FCNCA)
US:NASDAQ Investor Relations:
firstcitizens.com/about/who-we-are/annual-report
Company Research
Source: PR Newswire
DENVER, Dec. 17, 2025 /PRNewswire/ -- Pivot Energy ("Pivot"), a leading national renewable energy provider and independent power producer, today announced three important financing agreements totaling $225 million, showcasing the company's continued momentum and commitment to scaling renewable energy production and distributed generation solar.The financing includes:$170 million upsize to an existing construction warehouse facility with ATLAS SP ("ATLAS") and First Citizens Bank ("First Citizens"), supporting a new portfolio of approximately 60 community solar projects, equivalent to 225 Megawatts (MW) in Illinois, Colorado, Maryland, Virginia, New York, Pennsylvania, Delaware, Michigan, and California.$40 million equipment facility with First Citizens, supporting purchases of domestically made solar panels from Silfab Solar Inc.$15 million corporate financing facility with Comerica Bank ("Comerica").This announcement follows Pivot's $450 million debt warehouse facility secured last y
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FCNCA
Earnings
- 10/23/25 - Beat
FCNCA
Sec Filings
- 12/9/25 - Form 144
- 12/5/25 - Form D
- 12/1/25 - Form 4
- FCNCA's page on the SEC website