BusinessPhoto: Mercom IndiaPivot Energy Secures $500M Credit; Peak Energy Raises $108M
Pivot Energy obtained a $500 million credit facility from Nuveen Energy Infrastructure Capital to fund late-stage solar and energy storage projects and equipment procurement. Peak Energy raised $108 million in a Series B round led by General Motors Ventures to expand sodium-ion battery manufacturing and enter the data center market. Other investors include Maverick Silicon, Infinite Capital, Eclipse, Xora Innovation, and LG Technology Ventures.
Mercom India·



