Project Finance Brief: Pivot Energy Raises $100 Million from Fundamental Renewables

Ørsted divests a 50% stake in wind and solar portfolio for $410 million

October 26, 2022

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Pivot Energy, a solar provider that develops, finances, builds, owns, and manages solar and energy storage projects, secured $100 million in debt financing for its renewable energy projects from Fundamental Renewables, an investment arm of Fundamental Advisors. Fundamental Renewables will provide a $100 million revolving development loan facility to Pivot Energy, funding a diverse range of solar and storage projects across the U.S.

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