Will the Inflation Reduction Act survive the Trump administration? If so, what changes should we anticipate? On Thursday, November 14th, we convened an expert panel to explore the outlook under the Trump administration, with a focus on clean energy tax credit provisions. Read our key takeaways and view the recording.
Explore the latest proposed regulations under Section 30C, detailing essential updates to the 30C tax credit, 30C credit transfer, and their impact on EV charging infrastructure investments. This guide explains eligibility, credit limits, and new guidelines introduced by the Inflation Reduction Act, helping project developers optimize 30C tax credits.
Tax credits are a vital tool to accelerate clean energy projects, but they remain underutilized as part of corporate sustainability strategy. Explore how tax credits provide sustainable finance professionals a differentiated and arguably more valuable solution than carbon credits or RECs.
Building on our previous analysis of tax credit pricing in Q4 2023, this quarterly update dives into the transaction costs associated with tax credit transfers under the Inflation Reduction Act. Specifically, it’s important to understand market and transaction dynamics around pricing, hence why we’re digging into these costs for this post.
We’re excited to announce that we’ve partnered with Station A, a building decarbonization and climate action platform, in a joint effort to accelerate and democratize the energy transition through the use of tax credit transfers.
In this episode of The Clean Power Hour, Tim Montague speaks with Erik Underwood and Derek Silverman, co-founders of Basis Climate, about their new platform designed to help streamline and democratize tax credit transfers for clean energy projects.
Earlier this week we hosted a panel of industry experts who have transacted several billion dollars worth of tax credit transfer transactions in 2023. While most of these advisors have been focused on the larger, more complex part of the market, we do believe there are many insights for smaller transactions and developers as well. Watch the video or read our key takeaways below.
We have gained a unique perspective on the pricing dynamics of transferable tax credits. In this client insight, we share our findings on initial pricing expectations from both buyers and sellers, and where we expect deals to happen.
Additional guidance on LMI adders was released last week. There is a lot to unpack, but here are some of the important highlights. We cover project categories, application process, and project readiness.
The launch of Basis Climate’s exchange marks a milestone in the development of the market for U.S. clean energy tax credits. The Basis exchange not only provides matchmaking between buyers and sellers of credits, but also offers a transaction framework and client support to guide both parties through the sale. Documentation, registration, and compliance are all included as part of the platform, allowing both sides to transact with confidence.
The U.S. Inflation Reduction Act of 2022 (IRA) not only delivered $270 billion in tax incentives to fight climate change, but it also effectively created a market for these incentives by making them transferable. With the annual trading volume of tax credits expected to grow to tens of billions of dollars over the next decade, sustainability leaders can seize the opportunity presented by this new market to support high-impact clean energy projects while also generating budget and resources to implement existing sustainability initiatives.
On June 14, 2023, the IRS issued guidance around transferability mechanics and proposed regulations that provide much-needed clarity for the clean energy industry following passage of the Inflation Reduction Act (IRA) in August 2022. The goal of this post is to explain the guidance and share our insights so that companies can transact with confidence. We also outline what to expect from further regulations and guidance.
In this webinar, we join Akin, Deloitte and Houlihan Lokey discuss tax credit transferability under the IRA. They offer valuable insights into the latest market trends as well as practical and technical considerations for investing in transferable credits. The speakers also share information on maximizing savings, discuss the key issues enabling or holding up deals and review the possibilities for forthcoming guidance.
The US Government unlocked hundred of billions of dollars in tax credits in the Inflation Reduction Act of 2022. Many of these tax credits are transferable, making it significantly easier for project developers to monetize these tax credits, and avoid the headache and brain damage of complicated tax equity partnership or sale leaseback structures.
The 2022 Inflation Reduction Act (“IRA”) is the largest commitment made by the United States government to fight climate change. It comes in the form of nearly $400 billion in tax incentives for clean energy projects, which will reduce carbon emissions and accelerate the country’s energy transition away from fossil fuels.
Tax recapture insurance is an important tool to allocate risk away from both project developers and tax credit buyers. It protects against the (hopefully very unlikely!) possibility of the government clawing back tax credits or other incentives that were provided.