✉news EnvironmentEnergy first seen 22 h ago, last 7 h ago, peak #8
Institutional equity to fund community solar for Pivot Energy and Generate Capital
Original: Institutional equity funds community solar projects for Pivot Energy and Generate Capital
Generate Capital has provided institutional equity financing to support community solar projects developed by Pivot Energy. The deal gives the two companies capital to expand community solar portfolios, which allow households and businesses to subscribe to shared solar installations and receive credits on their electricity bills. It is the latest sign of institutional investors backing distributed renewables across the United States.
Why now: Institutional investors are increasingly funding distributed solar, making this financing deal notable for the renewables sector.
Evidence
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