# Silicon Valley Bank’s First Loan Post-Collapse: 100 MW of Community Solar Pivot Energy has announced the closing of a ~$203 million financing facility to support a multi-state portfolio of distributed generation solar projects. Silicon Valley Bank (SVB), a division of First Citizens Bank, will lead the debt facilities and Foss & Company will make the initial tax equity investment. The 100-MWDC portfolio comprises 35 community solar projects located in Arizona, Colorado, Nevada, and New Mexico. The portfolio will provide clean energy to more than 15,000 households and businesses in the four states. It will also generate more than $1.2 million in annual tax revenue for the local communities. The project is the first loan SVB has made since the economic collapse of 2020. It is also the first loan SVB has made in the solar industry since it began investing in the sector in 2019. The project is a major milestone for the solar industry, as it demonstrates that the sector is resilient even in times of economic uncertainty. It also shows that the industry is capable of providing clean energy to communities even in the midst of a global pandemic. The portfolio is expected to generate more than $2.5 million in annual revenue for the local communities. It will also create more than 300 jobs in the four states. The project is a major win for the solar industry, as it demonstrates that the sector is capable of providing clean energy to communities even in times of economic uncertainty. It also shows that the industry is resilient and can continue to provide clean energy even during a global pandemic. The project is a major win for the local communities, as it will provide clean energy to more than 15,000 households and businesses. It will also generate more than $1.2 million in annual tax revenue for the local communities. The project is a major win for Silicon Valley Bank, as it demonstrates that the bank is capable of making loans in the solar industry even in times of economic uncertainty. It also shows that the bank is willing to invest in the sector and is committed to providing clean energy to communities. The project is also a major win for Las Vegas, as it will provide clean energy to more than 15,000 households and businesses in the area. Las Vegas is one of the fastest-growing cities in the US, and the project will help to meet the city’s growing energy needs. The project is a major win for the solar industry, as it demonstrates that the sector is capable of providing clean energy to communities even in times of economic uncertainty. It also shows that the industry is resilient and can continue to provide clean energy even during a global pandemic. The project is a major win for the environment, as it will reduce carbon emissions by more than 1.5 million tons over the life of the project. It will also help to reduce air pollution and improve air quality in the four states. The project is a major win for the economy, as it will create more than 300 jobs in the four states. It will also generate more than $2.5 million in annual revenue for the local communities. The project is a major win for the future of clean energy, as it demonstrates that the sector is capable of providing clean energy to communities even in times of economic uncertainty. It also shows that the industry is resilient and can continue to provide clean energy even during a global pandemic. The project is a major win for everyone involved, as it will provide clean energy to more than 15,000 households and businesses, generate more than $1.2 million in annual tax revenue for the local communities, create more than 300 jobs in the four states, reduce carbon emissions by more than 1.5 million tons over the life of the project, and help to reduce air pollution and improve air quality in the four states. The project is a major milestone for the solar industry, as it demonstrates that the sector is resilient even in times of economic uncertainty. It also shows that the industry is capable of providing clean energy to communities even in the midst of a global pandemic. The project is a major win for Silicon Valley Bank, as it demonstrates that the bank is capable of making loans in the solar industry even in times of economic uncertainty. It also shows that the bank is willing to invest in the sector and is committed to providing clean energy to communities. The project is a major win for the environment, the economy, and the future of clean energy. It is a major milestone for the solar industry and a major win for Silicon Valley Bank. It is also a major win for the local communities, Las Vegas, and everyone involved.