Silicon Valley Bank

Silicon Valley Bank is a commercial bank headquartered in Santa Clara, California, specializing in providing diversified financial services to companies in technology, life sciences, cleantech, venture capital, private equity, and premium wine sectors. Established in 1983, it offers a range of services including debt financing, treasury management, corporate investment, and international banking. The bank operates through 27 offices in the United States and has an international presence with seven operations worldwide. By leveraging its industry expertise and global connections, Silicon Valley Bank aims to enhance the success potential of its clients, which include both emerging growth and established businesses. Additionally, its UK branch, founded in 2010, facilitates cross-border transactions and supports clients in meeting their strategic needs. The bank is recognized for its commitment to service excellence and innovation within the financial sector.

Trefor Bacon

Managing Director

Greg Becker

CEO

Julie Betts

Managing Director

Gerald Brady

Managing Director, SVB Network

Samantha Colletti

Director

Peter Freyer

Managing Director of National Healthcare Sponsor Finance and Life Sciences

Dennis Grunt

Director

Nicole Hawkey

Director

Stephen Lowery

Managing Director

Scott McCarty

Director - Life Sciences

Andrew Oddo

Managing Director, Startup Banking

Eric Otterson

Managing Director

Robert Parker

Director

Sameer Paul

Director

Priya Rajan

Managing Director - India and Middle East and North Africa

Laura Scott

Managing Director

Ben Tickler

Managing Director - Enterprise Software

Past deals in Energy Storage

Pivot Energy

Debt Financing in 2023
Pivot Energy is a national solar provider focused on developing, financing, building, and managing solar and storage energy projects. The company aims to accelerate the transition to cleaner and more decentralized power generation through its community and commercial solar initiatives. It offers a distributed energy platform that supports a wide range of stakeholders, including retail customers, project developers, system operators, utilities, and financiers. By providing comprehensive services and software, Pivot Energy facilitates the entire commercial solar ecosystem, enabling effective project development and management across the country.

SparkCharge

Series A in 2022
SparkCharge, Inc., founded in 2014 and based in Boston, Massachusetts, specializes in the development and manufacturing of charging stations for electric vehicles. The company offers portable and fast-charging solutions, featuring a modular design that enhances usability and convenience. SparkCharge focuses on addressing the growing demand for electric vehicle infrastructure, providing innovative charging solutions that cater to the needs of both consumers and the automotive industry.

Cypress Creek Renewables

Debt Financing in 2022
Cypress Creek Renewables is a leading American company specializing in local solar energy solutions. The firm employs a data-driven strategy to identify and acquire underutilized land for the development of solar farms, typically ranging from 2 to 20 megawatts. Notably, Cypress owns the largest solar farm east of the Mississippi River. The company partners with landowners, utility providers, and local vendors to develop, finance, and operate both utility-scale and distributed solar projects. In addition to generating renewable energy, Cypress offers asset management, fleet ownership, and maintenance services for its own and third-party solar and storage assets. By selling the electricity produced by its solar farms back to local communities at competitive rates, Cypress Creek Renewables ensures widespread access to clean and affordable energy.

Pivot Energy

Debt Financing in 2022
Pivot Energy is a national solar provider focused on developing, financing, building, and managing solar and storage energy projects. The company aims to accelerate the transition to cleaner and more decentralized power generation through its community and commercial solar initiatives. It offers a distributed energy platform that supports a wide range of stakeholders, including retail customers, project developers, system operators, utilities, and financiers. By providing comprehensive services and software, Pivot Energy facilitates the entire commercial solar ecosystem, enabling effective project development and management across the country.

Plus Power

Debt Financing in 2021
Manufacturer of battery energy storage systems designed to facilitate the changing energy landscape. The company develops standalone battery energy storage systems that foster grid flexibility by providing capacity, energy and ancillary services and its technology manages variations in power generation by storing excess energy and injecting it back into the grid when it is needed, enabling clients with an efficient and reliable electrical grid.

GoBolt

Debt Financing in 2021
GoBolt, formerly known as Second Closet Incorporated, provides valet self-storage services that enable customers to store their belongings conveniently and securely. Founded in 2017 and based in Toronto, Canada, the company offers a comprehensive solution where customers can schedule pickups and returns of their items. GoBolt delivers boxes for customers to use for storage, then collects these items to be stored in a climate-controlled warehouse. The service is designed to be user-friendly, allowing clients to pay only for the space they utilize, making it an affordable option for those in need of storage solutions.

GoBolt

Series B in 2021
GoBolt, formerly known as Second Closet Incorporated, provides valet self-storage services that enable customers to store their belongings conveniently and securely. Founded in 2017 and based in Toronto, Canada, the company offers a comprehensive solution where customers can schedule pickups and returns of their items. GoBolt delivers boxes for customers to use for storage, then collects these items to be stored in a climate-controlled warehouse. The service is designed to be user-friendly, allowing clients to pay only for the space they utilize, making it an affordable option for those in need of storage solutions.

Soltage

Debt Financing in 2021
Soltage is a full-service renewable energy company that develops and operates solar energy stations. Its primary customers are commercial and industrial companies including not-for-profit and government entities who purchase power under long-term power purchase agreements (PPA) from the solar projects installed on their respective buildings or land sites. Soltage develops, finances, and installs these projects at no upfront cost to the host site and provides ongoing maintenance and operational services. Soltage was founded in 2005 and is headquartered in Jersey City, New Jersey.

Gridtential Energy

Convertible Note in 2021
Gridtential Energy, Inc. is a technology company based in Santa Clara, California, focused on developing and licensing innovative energy storage solutions for battery manufacturers. The company has created the Silicon Joule battery technology, which improves lead-acid batteries by substituting the traditional metal grid with a silicon substrate. This technology is applicable in various sectors, including personal mobility devices such as wheelchairs, e-bikes, and scooters, as well as portable power equipment and stationary backup systems like uninterruptible power supplies and cell towers. Founded in 2010, Gridtential Energy operates with a team of experienced inventors and entrepreneurs, aiming to bring transformative energy storage products to the market. The company has also established a strategic partnership with Intevac to further its development efforts.

AES Distributed Energy

Debt Financing in 2020
The AES Corporation (AES), a Fortune 200 global power company, provides affordable, sustainable energy to 18 countries through a diverse portfolio of distribution businesses and 36 GW of generation capacity, including over 8 GW of renewables. Enabled by the acquisition of Main Street Power Company in February 2015, and leveraging AES’ expertise, relationships and scale, they deliver our clients the benefits of sustainable energy powered by resilient, turnkey solutions that we finance, own and operate. Currently available in the US, Mexico, El Salvador, Brazil and the Dominican Republic, AES brings reliable and cost-effective distributed energy systems to schools, municipalities, utilities, residences, and commercial and industrial clients. We have over 65 MW of distributed generation solar PV projects in operation across North America, and over 200 MW in development in the Western Hemisphere.
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