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 +1
Employees 210
Industries Energy, Renewable Energy, Clean Energy
Funding Stage Debt Financing
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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.

Taxonomy: 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 •••••• 2 •••• •••• 30 Jul 2024
Debt Financing •••••• 1
Investor
19 Jan 2022
Private Equity Round •••••• 1
Investor
19 Jan 2022
Debt Financing •••••• 5
Investor Investor Investor
•••• ••••
01 Jun 2020
Private Equity Round •••••• 2
Investor
•••• ••••
13 Dec 2018

View All 6 Funding Rounds

Avantus Alternatives & Competitors

View All Alternatives
Avantus vs
RAI Energy
RAI Energy United States

Leading the Way for a Sustainable Zero-Carbon Future

Debt Financing
7 employees
Energy, Industrial
Avantus vs
Pexapark - U.S.
Pexapark - U.S. United States

The Price Intelligence Platform for Clean Energy in the US. Posting from our US offices, follow us f...

Acquired
2 employees
Energy, Marketplaces
Avantus vs

The Exclusive Energy Transition Solutions Partner of KKR

3 employees
Renewable Energy

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 the following industries: Energy, Renewable Energy, Clean Energy.
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 RAI Energy, Pexapark - U.S., Crossover Energy Partners, BHE Renewables, Green Peak Energy. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Avantus and RAI 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.

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