Avantus logo — 8minute is now Avantus. Avantus is leading the clean energy...

Avantus

8minute is now Avantus. Avantus is leading the clean energy transition to advance us all to a more prosperous future.

Founded 2009 United States San Diego, United States 210 employees Debt Financing Total: $1.38B Energy, Renewable Energy +1

General Information

Company Name Avantus
Founded Year 2009
Location United States San Diego, United States
Employees 210
Industries Energy, Renewable Energy, Clean Energy
Funding Stage Debt Financing
Business Model B2B, B2G
Revenue Model Product Sales, Service Fee, Usage Based
Social

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About Avantus

Avantus, formerly known as 8minute, is spearheading the clean energy transition, striving for a more prosperous future with its industry-leading projects. Founded in 2009 and headquartered in the United States, Avantus has established itself as a pivotal player in the Energy, Renewable Energy, and Clean Energy sectors.

The company excels in developing, owning, and operating utility-scale clean energy projects across California and the Desert Southwest. With a robust development pipeline which is one of the nation's largest, Avantus integrates solar with storage solutions, capable of supplying dispatchable power to 17 million Americans both day and night.

Benefitting from over a decade of industry leadership, Avantus has secured strategic backing from major investors like KKR and EIG. Most recently, the company received a significant $522.00M Debt Financing investment on July 30, 2024, thanks to collaborations with Sumitomo Mitsui Banking Corporation and Kohlberg Kravis Roberts. This capital injection underscores investor confidence in Avantus's capability to meet America's growing energy demands with affordable and reliable clean energy solutions.

Business keywords: Clean Energy Transition, Utility-Scale Solar Projects, Solar with Integrated Storage, Dispatchable Power, Zero-Emission Energy, Environmental Stewardship, Smart Infrastructure Solutions, Smart Grids, Intelligent Transportation Systems, Resilient Urban Infrastructure, Renewable Energy Storage, Corporate Renewable Power Purchase Agreements, Solar Power Purchase Agreements, Advanced Technologies

Services & Products

Develop Clean Energy
Technology Development
Build & Operate Energy Projects
Custom Energy Solutions

Target Customers

Landowners Community Leaders Energy Customers Business Partners

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing $522.00M 2
Sumitomo Mitsui Banking Corporation, Kohlberg Kravis Roberts
30 Jul 2024
Debt Financing Undisclosed 1
EIG Global Energy Partners
19 Jan 2022
Private Equity Round $400.00M 1
EIG Global Energy Partners
19 Jan 2022
Debt Financing $225.00M 5
HSBC, KeyBank +3
01 Jun 2020
Private Equity Round $200.00M 2
Upper Bay Infrastructure Partners, J.P. Morgan Asset Management
13 Dec 2018
Private Equity Round $30.00M 1
Macquarie Capital
17 Jun 2014

Avantus Alternatives & Competitors

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FAQ About Avantus

8minute is now Avantus. Avantus is leading the clean energy transition to advance us all to a more prosperous future.
Avantus was founded in 2009.
Avantus is headquartered in San Diego, United States.
Avantus operates in Energy, Renewable Energy and Clean Energy. Its work centres on Clean Energy Transition, Utility-Scale Solar Projects, Solar with Integrated Storage and Dispatchable Power. Its customers include Landowners, Community Leaders and Energy Customers.
Avantus has a B2B and B2G business model. Its revenue comes from Product Sales, Service Fee and Usage Based.
Avantus has approximately 210 employees.
Avantus has completed 6 funding rounds, raising a total of $1.38B. The latest funding stage is Debt Financing.
Avantus offers: Develop Clean Energy, Technology Development, Build & Operate Energy Projects, Custom Energy Solutions.
Top alternatives and competitors to Avantus include Swift Current Energy, Accelergen Energy LLC, Enernet Global, GreenGo Srl, Urban Grid. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Avantus and Swift Current Energy are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Avantus, https://bouncewatch.com/company/avantus, updated 3 March 2026. When citing, please name BounceWatch and link this page.

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