Pivot Energy and Tapestry Complete 13.475 MW Solar Projects in Illinois
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 08 2026
0mins
Source: PRnewswire
- Project Completion: Pivot Energy has completed three community solar projects in Illinois with a total capacity of 13.475 MW, expected to generate over 23,000 megawatt-hours of renewable energy annually, significantly enhancing local renewable energy utilization.
- Long-term Partnership: This project is part of a 15-year agreement with Tapestry, which will purchase Renewable Energy Credits generated by these projects, further solidifying its commitment to achieving 100% renewable electricity globally.
- Community Investment: Pivot Energy plans to invest over $115,000 across five projects to support local communities, having already donated nearly $65,000 to Illinois Central College and HIRE360 for workforce training programs, thereby fostering local economic development.
- Sustainability Strategy: Tapestry's investment not only advances its renewable energy strategy but also enhances its environmental responsibility globally through collaboration with Pivot, aiding in the achievement of science-based climate targets.
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Analyst Views on TPR
Wall Street analysts forecast TPR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TPR is 136.57 USD with a low forecast of 120.00 USD and a high forecast of 155.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
15 Analyst Rating
13 Buy
2 Hold
0 Sell
Strong Buy
Current: 127.330
Low
120.00
Averages
136.57
High
155.00
Current: 127.330
Low
120.00
Averages
136.57
High
155.00
About TPR
Tapestry, Inc. is a house of accessories and lifestyle brands. The Company's global house of brands include Coach and kate spade new york. Coach brand is a global fashion house of accessories and lifestyle collections. Kate Spade New York is a global lifestyle brand that designs things for the everyday, delivering seasonal collections of handbags, ready-to-wear, jewelry, footwear, gifts, home decor and more. Its products include women's handbags, women's accessories, men's and other products. Women's accessories include small leather goods which include mini and micro handbags, money pieces, wristlets, pouches and cosmetic cases. Men's includes bag collections, small leather goods, footwear, watches, sunglasses, and ready-to-wear items. Its products are sold to customers through its direct-to-consumer (DTC), wholesale and licensing businesses. Its DTC business includes retail and outlet stores, branded e-commerce sites as well as concession shop-in-shops.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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