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Pivot Energy closes $173 million loan for community solar
Original: Pivot Energy closes $173 million term loan for community solar in US
Solar developer Pivot Energy has secured a $173 million term loan to support its community solar projects across the United States. The financing strengthens the company's position in the fast-growing community solar market, where residents and businesses subscribe to shared solar installations and receive credits on their electricity bills.
Why now: Financing deals of this size signal continued investor confidence in US community solar growth.
Evidence
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