Avantus

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

General Information
Company Name
Avantus
Founded Year
2009
Location (Offices)
Los Angeles, United States +2
Founders / Decision Makers
Number of Employees
186
Industries
Energy, Renewable Energy, Clean Energy
Funding Stage
Debt Financing
Social Media

Avantus - Company Profile

Avantus, formerly known as 8minute, is a United States-based startup that is spearheading the clean energy transition with a vision to propel towards a more prosperous future. The company is dedicated to realizing the widespread availability of reliable, cost-effective clean energy globally. With a history of pioneering advancements in next-generation solar energy, Avantus has achieved significant milestones such as developing one of the nation’s largest solar clusters and being among the first to surpass fossil fuel prices in 2016. Presently, the company is pushing the boundaries of existing technologies to establish a vast portfolio of smart power plants with integrated storage, capable of providing millions of people with affordable, zero-emission energy around the clock. Their relentless pursuit of improvement is aimed at achieving gigaton-level decarbonization and extending the benefits of clean energy to all. The company recently secured a $400.00M investment in a Private Equity Round on 19 January 2022, with EIG Global Energy Partners as the investors. Avantus operates within the Energy, Renewable Energy, and Clean Energy sectors, showcasing a promising trajectory for investors looking to support sustainable and innovative ventures.

Taxonomy: clean energy transition, solar energy, renewable power purchase agreements, utility-scale solar developer, energy storage, smart power plants, decarbonization, reliable energy, low-cost energy, global energy, renewable technology, energy innovation

Funding Rounds & Investors of Avantus (6)

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Funding Stage Amount No. Investors Investors Date
Debt Financing $522.00M 2 Sumitomo Mitsui Banking Corporation, Kohlberg Kravis Roberts 30 Jul 2024
Private Equity Round $400.00M 1 19 Jan 2022
Debt Financing Unknown 1 19 Jan 2022
Debt Financing $225.00M 5 Rabobank, CIT Group 01 Jun 2020
Private Equity Round $200.00M 2 J.P. Morgan Asset Management 13 Dec 2018

View All 6 Funding Rounds

Latest News of Avantus

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No recent news or press coverage available for Avantus.

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