S&P Global - Biden's Tax Credit 'Transferability' Pours Billions into Renewables, Storage

A multibillion-dollar market for clean energy tax credits has materialized in a matter of months, sparked by a provision of President Joe Biden's marquee climate law that allows project developers and manufacturers to directly sell their credits for cash.

Reunion's Transferable Tax Credit Handbook

The comprehensive guide to buying and selling clean energy tax credits.

How Early Investors are Approaching IRA's New Tax Credit Regime: Additional Tax Credits Drawing Broad Interest

Inflation Reduction Act IRA transferable tax credits bring significant optionality to tax credit buyers.

10 Questions with Reunion, Episode 6: Understanding the IRA's Prevailing Wage Requirements

In episode 6, Reunion's CEO, Andy Moon, explores the IRA's prevailing wage requirements with Craig Smith, a partner at Wiley Rein, who's dedicated his career to the Davis-Bacon Act.

Financial Times - How Biden's Climate Law Spurred a Tax Credit Revolution

This innovation, known as transferability, marks an important departure from the tax equity partnership, which is the predominant way to finance renewables. Under transferability, developers can sell tax credits to any corporation and use the cash to offset the high upfront costs for building projects. Corporations, meanwhile, get a chunk off their tax bill.

Tax Notes - Tax Insurance Helps Power Up Credit Transfers

Credit buyers seeking a high degree of reassurance, particularly on recapture risk, are flocking to tax credit insurance.

10 Questions with Reunion, Episode 5: Tax Credit Investor Insurance with Marsh

In episode 5 of 10 Questions with Reunion, our president, Billy Lee, sits down with David Kinzel of Marsh to discuss tax credit investor insurance. As David notes, credit insurance has the potential to meaningfully "expand the universe of buyers well beyond what it is today and add more liquidity into the transferability market."

Tax Notes - Tax Credit Transfers Start Rolling Along

The Inflation Reduction Act opened the market for buying and selling energy tax credits by creating a new asset class. One result of that innovation was the launch of new marketplaces in which buyers and sellers can transact.