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

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By Blockchain Daily

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.

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