Reunion Facilitates Sale of up to $870M in Section 45X Tax Credits by First Solar

Tax Notes: Due Diligence and How to Prepare for Tax Credit Transfer Audits

Participants in the initial wave of tax credit transfer transactions filed their returns reflecting those deals on October 15, marking another milestone for the Inflation Reduction Act’s experiment in tax credit transfers. At least for some credit buyers, the tax system is inching closer to the inevitable: audits.

Q3 2024 Transferable Tax Credit Pricing and Market Trends Report - Covering 48 ITCs, 45 PTCs, and 45X AMPCs

Following another quarter of unprecedented activity in the transferable tax credit market, Reunion is thrilled to release our Q3 tax credit pricing and market trends report.

IRA Transferable Tax Credit Tracker

Since the passage of the Inflation Reduction Act in 2022, clean energy tax credit transfers have accelerated across a variety of technologies, credits, and deal sizes. To track the evolution of the market, Reunion is maintaining a list of publicly announced transfers.

Demand for tax credits has surged in Q3, driving prices up for remaining 2024 credits. Buyers should start reviewing 2025 credits

A pattern of seasonality has emerged in the tax credit market. In late Q3, pricing has increased significantly across the board for 2024 tax year credits. The most dramatic price increase has been for large, straightforward ITC opportunities.

Reunion Facilitates Over $1.6 Billion in Clean Energy Tax Credit Transfers in 2024

Drawing on decades of clean energy financing experience, Reunion has transacted across a range of transferable tax credits – §48 ITCs, §45 PTCs, §45X AMPCs, and §30C alternative fuel infrastructure credits – and technologies.

Webinar Recording: Navigating Tax Credit Insurance with CAC Specialty

We are excited to welcome Jordan Tamchin, Executive Vice President and leader of the Tax Insurance Practice at CAC Specialty, to our Q3 buyer office hours on Thursday, September 5th at 2:00pm ET.