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Avantus
US’s largest independent developer of solar PV and energy storage projects
About Avantus
Avantus, formerly 8minute Solar Energy, is a developer of utility-scale solar and energy storage projects. The company develops, builds, owns, and operates these projects, with a large portfolio in the United States.
Avantus focuses on providing reliable, low-cost clean energy to communities and businesses, primarily in the Western U.S. The company's business model involves managing the entire project lifecycle, from development and financing to construction and operation. Its revenue is generated through the sale of clean energy to utilities and other large customers.
Recently, KKR, a global investment firm, acquired a majority stake in Avantus. This partnership is expected to accelerate the deployment of Avantus's project pipeline, which includes some of the largest solar and energy storage projects in the nation.
Source: Dealroom company dataAt a glance
- Founded
- 2009
- Headquarters
- Folsom, United States
- Sector
- Energy
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