P

Pivot Energy

Nationwide solar developer, owner-operator, financier

Overview

Pivot Energy develops, finances, and manages solar and energy storage projects, specializing in community solar and commercial installations. Its products work by allowing customers to subscribe to local solar farms for bill credits or by leasing unused property space to host solar equipment that generates clean power. Unlike many competitors that sell off projects after construction, Pivot operates as a long-term asset owner and a certified B-Corporation that integrates agricultural and pollinator-friendly practices into its sites. The company's goal is to expand access to renewable energy for businesses, individuals, and low-income households while balancing profit with social and environmental performance.

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About Pivot Energy

Simplify's Rating
Why Pivot Energy is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Industrial & ManufacturingEnergyFinancial ServicesReal Estate

Company Size

201-500

Company Stage

Debt Financing

Total Funding

$1.5B

Headquarters

Denver, Colorado

Founded

2009

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Simplify's Take

What believers are saying

  • Pivot secured $225 million from ATLAS, First Citizens, and Comerica on December 17, 2025.
  • Illinois operations reached 64 projects and 213 MW, with $350,000 community giving in August 2026.
  • Warren County approved four projects in 2026, adding 16.7 MW and over $1 million taxes.

What critics are saying

  • Will County denied Pivot's 8 MW Shorewood project on February 19, 2026, after resident opposition.
  • Ransom Township judges upheld denial in July 2026, showing local permitting fights can kill projects.
  • A Delaware Chancery lawsuit seeks $56.7 million, threatening management distraction and settlement costs.

What makes Pivot Energy unique

  • ECP-backed ownership lets Pivot finance, build, and hold community solar instead of flipping projects.
  • Microsoft's January 2026 REC deal spans 150 projects across 20 states, validating Pivot's platform.
  • Pivot pairs solar with sheep grazing, pollinator habitat, and local donations in Illinois.

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Funding

Total Funding

$1.5B

Above

Industry Average

Funded Over

8 Rounds

Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Debt Funding Comparison Coming Soon

Benefits

  • Remote Work Options
  • Wellness Program
  • Mental Health Support
  • Conference Attendance Budget
  • Professional Development Budget
  • Stock Options
  • Company Equity
  • 401(k) Retirement Plan
  • 401(k) Company Match
  • Flexible Work Hours
  • Hybrid Work Options
  • Paid Vacation

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

0%

2 year growth

23%
Kizhakedath Media Services Pvt. Ltd.
Oct 9th, 2026
Renewable energy news: Greenvolt, Voltus, Pivot Energy.

Renewable energy news: Greenvolt, Voltus, Pivot Energy. October 9, 2026 The latest renewable energy news includes announcements on Greenvolt, Voltus, Pivot Energy, Gurbanesti wind farm in Romania, and others. Greenvolt Secures €284 Million Financing for 253 MW Wind Farm in Romania Discover more Renewable energy Learn Engineering Portuguese renewable-energy developer Greenvolt has secured €284 million in project financing for its 253.1 MW Gurbanesti wind farm in Romania. The financing was arranged with eight institutions: UniCredit, Erste Group Bank, Banca Comercială Română, Siemens Financial Services, Société Générale, BRD, ING and Alpha Bank. The project, currently under construction east of Bucharest, will feature 42 GE Vernova wind turbines rated at 6.1 MW each. Commercial operation is expected by the end of 2027. Gurbănești forms part of Greenvolt's 506 MW Wind Rose portfolio, alongside the 253.1 MW Ialomița wind farm. Financing secured for the two projects totals €632 million. Greenvolt's Romanian development pipeline includes 707 MW of wind and 209 MW of battery storage. Voltus Raises $225 Million to Expand Virtual Power Plant Capacity to 20 GW US distributed-energy technology company Voltus has raised $225 million in Series D financing, led by Generation Investment Management alongside Activate Capital and Vitol. Additional investors include Broadscale Group, Climate Investment, NGP, Ajax Strategies and All Aboard Fund. Voltus aggregates flexible electricity resources, including batteries, industrial equipment and commercial energy loads, allowing customers to participate in electricity markets. The company currently manages approximately 8.5 GW of flexible capacity and targets 20 GW by 2030. Funding will expand its Bring Your Own Capacity programme across the PJM and MISO electricity markets and increase the number of connected batteries. The company operates across the United States and Canada. Discover more Switch Power Plans Explore Wind Power Pivot Energy Secures $173 Million Loan for 135 MW US Community Solar Portfolio US renewable-energy developer Pivot Energy has closed a $173 million term loan facility covering 51 community-scale solar projects with 135 MWdc of combined capacity across six US states. First Citizens Bank, Huntington Bank and BankUnited provided the financing. The transaction consolidates three existing project portfolios under one long-term debt structure and represents Pivot Energy's first term loan financing. The proceeds refinance projects previously supported through the company's construction warehouse facility, releasing borrowing capacity for additional developments. Pivot develops, owns and operates distributed solar and energy storage facilities serving local communities and commercial electricity customers. The refinancing supports further construction activity without requiring separate long-term financing for each existing portfolio. Discover more energy storage electricity

PR Newswire
Oct 8th, 2026
Pivot Energy Closes $173 Million Term Loan Facility for 135 MWdc Distributed Solar Portfolio

/PRNewswire/ -- Pivot Energy, an impact-focused independent power producer of distributed-scale solar and energy storage, today announced the closing of a $173...

WYTV
Sep 9th, 2026
Proposed solar farm raises questions in Smith Township.

Proposed solar farm raises questions in Smith Township. Posted: Sep 8, 2026 / 10:41 PM EDT Updated: Sep 8, 2026 / 10:41 PM EDT SMITH TWP., Ohio (WKBN) - A proposed solar farm is moving forward in Smith Township, but not without concerns. Township leaders say major questions about the project remain unanswered. Trustees are now working with the Mahoning County Engineer's Office and Pivot Energy on a road maintenance agreement. Pivot Energy plans to build the solar farm off State Route 14. The roadwork would cover just over half a mile between Route 14 and the project site. Trustees are concerned about how much work is needed to handle construction traffic. Trustee Scott Showalter says the township hasn't heard from Pivot Energy since Aug. 5. He says questions remain about drainage and concerns raised by the EPA. "It's quite a considerable amount of improvement that would need to be made as far as widening the road, moving ditches, removing trees. But the biggest thing obviously is the widening of the road because obviously we are a very rural community. So, you know, ditching and drainage concerns also come into play as well," Showalter said. In 2024, Mahoning County commissioners banned large-scale wind and solar projects in 10 townships. That ban applies to projects capable of generating at least 50 megawatts. Smith Township wasn't included in that ban.

Alternative Energy Reporter
Aug 26th, 2026
Pivot Energy provides $350,000 for training, Energy Assistance, land preservation, agricultural education in Illinois.

Pivot Energy provides $350,000 for training, Energy Assistance, land preservation, agricultural education in Illinois. Pivot's Community Impact Program benefits dozens of IL nonprofit organizations near company's 22 statewide operational solar facilities CHICAGO, IL, UNITED STATES, August 26, 2026 / EINPresswire.com / - Pivot Energy, a leading national renewable energy provider, reached a milestone in its community impact program earlier this month by donating $350,000 to Illinois communities across the state where it operates solar projects. The donations are helping provide Illinoisans with a path to join the growing solar energy workforce, reduce the burden of energy costs on families, and advance land preservation and agricultural education. Pivot's Community Investment Fund contributes to every local community where it builds and operates solar energy projects. In Illinois, the company has supported workforce development, apprenticeship programs, agricultural education, land conservation, energy assistance, weatherization, and other efforts. Pivot has recently made donations to Hire360, Illinois Central College, McHenry County Farm Bureau Foundation, Natural Land Institute, C.E.F.S Economic Opportunity Corporation, and Springfield Urban League, among others. "Across Illinois, we are practicing purpose-driven solar development by elevating the efforts of local community organizations already making an impact across economic development and agricultural revitalization," said Liz Reddington, Vice President, Development, Pivot Energy "We believe we can always do more, and that's why we listen to community members where we build our projects about ways Pivot can give back." Donations are only one facet of Pivot's efforts to benefit the communities where it builds and operates solar projects. The company will pay an estimated $5.7 million in property taxes on its 22 operating Illinois solar projects. The property taxes will support local public services such as schools, roads and public safety, over the next 40 years. The company is also committed to dual-use agricultural practices at all its qualified projects, which creates opportunities for family farmers and graziers while improving soil health. Additionally, each megawatt of local solar and battery storage capacity Pivot builds helps ensure Illinois residents have access to more reliable, homegrown, lower cost electricity. Key investments across the Community Impact Fund in Illinois include: Hire360: Over $90,000 in donations are supporting pre-apprenticeship programs advancing the creation of workforce pathways into the solar industry, focusing on local residents, workers transitioning from fossil fuels, and underrepresented groups such as minorities and women. Hire360 is a not-for-profit organization expanding employment opportunities through recruiting, training, placement and mentorship. Pivot has contributed to HIRE360 workforce training programs since 2024. Springfield Urban League (SUL): Pivot's support for the SUL is helping job trainees in the technology and construction industries. Ten thousand dollars was committed to help job trainees earn FAA drone certification. Dr. Marcus E. Johnson, SUL President and CEO noted, "Young adults are walking into interviews with FAA drone licenses in hand and walking out with job offers and paid contracts. This partnership turned a training room into a launchpad for real income and real careers in the clean-energy economy." McHenry County Farm Bureau Foundation: Pivot donated $30,000 towards the McHenry County Farm Bureau's (MCFB) Agriculture in the Classroom program, which educates and inspires the next generation of farmers by helping students build meaningful connections to agriculture. MCFB is a nonprofit membership organization serving over 700 farm families through legislative representation, education, and community. Natural Land Institute: Pivot's $30,000 donation to the Natural Land Institute will support agricultural conservation easements in Boone County. Land will be put into conservation easements to be protected in perpetuity, helping maintain the agricultural character of the local community. The Natural Land Institute is a nonprofit organization that has helped residents of northern Illinois conserve the land they cherish, protect land and water resources, wildlife habitat, and its way of life. C.E.F.S Economic Opportunity Corporation: Pivot donated $10,000 to C.E.F.S., which helps low-income families in several central Illinois counties keep warm during the winter and stay cool in the summer. This donation supported C.E.F.S.'s Weatherization Program and Low-Income Home Energy Assistance Program (LIHEAP) emergency furnace funding. Illinois Central College: Pivot contributed $62,000 to ICC's Educational Foundation to help fund workforce development programs, like its Solar Pipeline Training Program. The program couples career readiness skills with technical solar installation instruction to prepare graduates for the NABCEP PV Associate Exam and give them the experience necessary to analyze, design, sell, and install photovoltaic systems. About Pivot Energy Founded in 2009, Pivot Energy is a leading national renewable energy provider and independent power producer that develops, owns, and operates solar and energy storage projects. Pivot delivers renewable energy solutions that strengthen local economies, create jobs, and provide affordable, reliable power for businesses and communities across the U.S. As a Certified B Corporation, Pivot combines purpose and performance to ensure every project generates meaningful economic and social value. Pivot is an ECP portfolio company. Learn more at pivotenergy.net. About Pivot Energy in Illinois Pivot has been working in Illinois since 2018 and has 64 Illinois solar projects currently operational or under construction across the state - for a total of 213 MW. Ninety-five percent of Pivot's qualified ground-mounted IL solar projects include sheep grazing. The company makes donations to local nonprofit organizations for each project it develops in Illinois through its investment fund in the areas of workforce development, energy burden assistance, or agriculture initiatives. Kate Laursen Pace Public Relations + 12036105879 email Alternative Energy Reporter here Legal Disclaimer: EIN Presswire provides this news content "as is" without warranty of any kind. Alternative Energy Reporter do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

A Green Earth & Me
Jul 29th, 2026
Pivot Energy recognized as Solar Power World's Top 2026 Solar Contractor for 7th time.

Pivot Energy recognized as Solar Power World's Top 2026 Solar Contractor for 7th time. Company ranks in Top 10 on 2026's National Solar Developers and Community Solar Contractors Lists Being recognized on Solar Power World's Top Solar Contractors list ranking is a testament to Pivot Energy's strength, its people, its culture, and its success constructing projects." - Jason Smith, Senior Vice President, Project Delivery, Pivot Energy DENVER, CO, UNITED STATES, July 29, 2026 / EINPresswire.com / - Pivot Energy, a leading, national renewable energy provider and independent power producer, is thrilled to once again be recognized as a Top Solar Contractor by Solar Power World. The Top Solar Contractors List is the most recognized annual listing of solar contractors in the United States, and this year, Pivot ranked in the following categories: - No. 4 on the National Community Solar Contractors list - No. 9 on the National Solar Developers list - No. 6 contractor in Maryland - No. 7 contractor in Colorado - No. 13 contractor in Illinois "Despite policy and supply hurdles, the U.S. solar market shows no signs of slowing down," said Billy Ludt, managing editor of Solar Power World. "Well-run companies are those that can adapt to a changing industry, and we believe the 2026 Top Solar Contractors List features the strongest names in solar development, construction and installation." "Being recognized on Solar Power World's Top Solar Contractors list ranking is a testament to Pivot Energy's strength, our people, our culture, and our success constructing projects - all coming together," said Jason Smith, Senior Vice President, Project Delivery, Pivot Energy. "Despite a complex development landscape, the demand for solar energy remains strong, and this recognition shows Pivot Energy is delivering on that demand. We are proud of the work we're doing, what we're delivering to communities, the jobs we're creating, and the affordable, reliable renewable power we are providing." As a leading solar developer, Pivot successfully constructed 85 solar projects, totaling over 126,000 kilowatts of renewable energy in 2025. Pivot plans to build more than Pivot plans to build more than 150 projects in 2026 and 2027. This is Pivot's seventh time being on the Top Solar Contractor List. The company was previously recognized by Solar Power World as a Top Solar Contractor in 2019, 2020, 2021, 2022, 2024, and 2025. 2025 was defined by Pivot's significant corporate partnerships, including Walmart, Microsoft, Rivian, and Tapestry. The company also continued its purpose-driven development and delivery practices, with 95% of its qualified ground-mounted solar arrays integrating agrivoltaic elements and donating nearly $1 million to community organizations. Dual use is a priority for Pivot. This approach helps the grid, the farmers, and the local communities. This award reflects Pivot's commitment to advancing equitable, forward-thinking solutions that go above and beyond industry standards and accelerate the adoption of renewable energy. About Pivot Energy Founded in 2009, Pivot Energy is a leading national renewable energy provider and independent power producer that develops, owns, and operates solar and energy storage projects. Pivot delivers renewable energy solutions that strengthen local economies, create jobs, and provide affordable, reliable power for businesses and communities across the U.S. As a Certified B Corporation, Pivot combines purpose and performance to ensure every project generates meaningful economic and social value. Pivot is an ECP portfolio company. Learn more at pivotenergy.net. Kate Laursen Pace Public Relations + 12036105879 email Internet Product Development Group here Legal Disclaimer: EIN Presswire provides this news content "as is" without warranty of any kind. Internet Product Development Group do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

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