Empowering The Renewable Energy Economy

§45: Major wind and solar transaction between two publicly traded companies

Reunion quickly curated a large PTC portfolio exempt from prevailing wage requirements for a Fortune 500 corporation, identified a single seller within two weeks, and ensured the portfolio was "audit-ready.”

Wind (Onshore)

Solar (Utility)

Credit type

§45 PTC

Amount

$200M

Buyer

Publicly traded Fortune 500 corporation

Seller

Diversified energy and power company

§48: Community solar portfolio, which included low-income bonus credit adders

Reunion facilitated the sale of ITCs from a portfolio of community solar projects in Virginia, which included energy community and low-income bonus credit adders.

Solar (Community)

Credit type

§48 ITC

Amount

$40M

Buyer

Privately held real estate firm

Seller

Summit Ridge Energy

§48, §30C: Portfolio of onsite solar, storage and EV charging

Reunion efficiently structured this transaction, which involved the transfer of credits from three different technologies and two different credit types across many discrete projects.

Solar (C&I)

Battery storage

EV Charging Infrastructure

Credit type

§48 ITC, §30C ITC

Amount

Undisclosed

Buyer

Publicly traded energy company

Seller

Large, diversified publicly traded company

§45X: One of the largest advanced manufacturing production tax credit transactions

Reunion facilitated the purchase of a very large §45X transaction by supporting the purchaser on commercial negotiations and due diligence. We were able to achieve an efficient transaction - less than 40 days from start to finish.

Advanced manufacturing

Credit type

§45X AMPC

Amount

Undisclosed

Buyer

Publicly traded Fortune 500 corporation

Seller

Large multi-national equipment manufacturer

§48: One of the first transfers involving a portfolio of commercial rooftop solar

A major promise of tax credit transfers is to enable clean energy projects that might lack the scale to attract traditional tax equity, such as solar on commercial rooftops.

Solar (C&I)

Credit type

§48 ITC

Amount

Undisclosed

Buyer

Advanced Power

Seller

Publicly traded corporation

§45X: Highly competitive transaction that went into term sheet in less than 3 days

Reunion had a Fortune 500 looking for 2023 tax year credits. We identified a project, and it went under term sheet in <3 days and closed 2 weeks later. One of our fastest deals from identification to close.

Advanced manufacturing

Credit type

§45X AMPC

Amount

Undisclosed

Buyer

Publicly traded Fortune 500 corporation

Seller

Undisclosed