Silicon Valley Bank Takes Lead in $200 Million Financing Facility for Pivot Energy’s Solar Portfolio

Published on

Silicon Valley Bank, in its first syndicated-loan closing since being acquired by First Citizens BancShares Inc., is set to spearhead a substantial financing facility exceeding $200 million for Pivot Energy Inc.’s diverse array of solar projects across multiple states.

The announcement was made in a statement released on Tuesday, highlighting Silicon Valley Bank’s resurgence as a major player in solar financing following its previous setback in March.

Image

Latest articles

Ripple Secures Full Payment Institution License from Singapore’s Central Bank

SINGAPORE — Ripple, a prominent player in the digital payment industry, announced that it...

Bitcoin Whales Amass Record Holdings, Now Hold 66% of Supply

Prominent Bitcoin ($BTC) investors have engaged in substantial accumulation of the flagship cryptocurrency throughout this year, amassing a total of 13.03 million coins in their holdings, marking the highest level in 2023.

SEC Takes First Enforcement Measure Against NFTs Regulatory Body Concludes Impact Theory’s NFTs Were Marketed as Unregistered Securities

U.S. regulatory authorities have mandated a Los Angeles company, which had previously issued non-fungible tokens (NFTs), to provide compensation to investors who had procured the aforementioned NFTs.

Binance Cuts Ties with Sanctioned Russian Banks Amid Regulatory Compliance Efforts

Binance has severed its affiliations with five Russian banks that were under sanctions, having been previously featured on the exchange's peer-to-peer platform for ruble fund transfers, the native currency of Russia.

More like this

Bitcoin Whales Amass Record Holdings, Now Hold 66% of Supply

Prominent Bitcoin ($BTC) investors have engaged in substantial accumulation of the flagship cryptocurrency throughout this year, amassing a total of 13.03 million coins in their holdings, marking the highest level in 2023.

SEC Takes First Enforcement Measure Against NFTs Regulatory Body Concludes Impact Theory’s NFTs Were Marketed as Unregistered Securities

U.S. regulatory authorities have mandated a Los Angeles company, which had previously issued non-fungible tokens (NFTs), to provide compensation to investors who had procured the aforementioned NFTs.

Binance Cuts Ties with Sanctioned Russian Banks Amid Regulatory Compliance Efforts

Binance has severed its affiliations with five Russian banks that were under sanctions, having been previously featured on the exchange's peer-to-peer platform for ruble fund transfers, the native currency of Russia.