By: Pivot Energy
June 2 2021
Over the past three years, Pivot has grown our business, our team, and our impact, and we knew the time was right for a strategic investor to help us accelerate. That is why we are thrilled to announce that we have a new strategic partner, ECP, a leading investor with a proven and established track record in power, renewables, storage and sustainability, and decarbonization infrastructure. As the CEO of Pivot, I’m proud to make this announcement to our team, partners, and the industry at large.
For our clients and partners, ECP will serve as a strategic partner, providing strong financial backing that will allow us to expand our services and project offerings, pursue larger and more diverse project types, and offer more robust financing options. For the industry, the investment affirms our current business trajectory as an industry-leading community and commercial solar provider. It validates ECP’s and Pivot’s belief that both the commercial and community solar sectors are well suited as the next rapid growth sector of the U.S. clean energy market.
Lastly, it ultimately proves the long hours worked by our outstanding team to build more clean energy, despite the various hurdles working in a nascent industry can present, did not go unseen. We have long said the secret to our success is our people, and I truly believe that. They have built a reputation of integrity and humility while being one of the most experienced teams in the industry. Their dedication and commitment to our partners and our triple bottom line philosophy have been recognized by one of the largest and most experienced energy capital groups in the market.
It’s an exciting time for Pivot and an esteemed boost of energy coming out of the pandemic. With the flexibility to aggregate and manage assets through in-house development, and the ability to expand our service offerings, there’s no telling what kind of impact we can make. We are confident that our new partnership with ECP will help us build a stronger and more resilient company, so we can help to build a stronger and more resilient energy grid of the future.
More information about the partnership can be found in the full press release.
Together, solar and storage offer the unique ability to lower both demand and energy portions of a customer’s electricity bill.