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.