Today's renewable energy industry is a complex and evolving landscape of growth and opportunity. Companies active in this sector face a range of financial, tax, and audit issues that can be best addressed by a firm with dedicated expertise in renewables. CohnReznick's Renewable Energy Industry Practice can help your business move forward by proactively addressing even your most complicated challenges and needs.
Our integrated team is fully engaged in the industry across all the major energy segments, delivering holistic solutions to complex problems facing renewable energy participants.
BROAD SECTOR EXPERTISE
Our more than 100 clients across the renewable energy spectrum include independent power producers, developers, EPCs, utilities, tax equity investors, and infrastructure and private equity funds.
An expert in tax credit ADVISORY
Following extensive due diligence, we structure deals and fulfill the accounting, tax, and financial reporting requirements needed to support tax equity investing lenders, private equity, and other investors.
CohnReznick is an active voice in the renewable energy industry at the national and regional level. In addition to hosting our own Renewable Energy Summit and Accounting Forum, we are regularly called upon as experts to speak at events, offer insights, and contribute to publications. We work closely with the following energy associations:
- American Council on Renewable Energy
- American Wind Energy Association
- Solar Energy Industries Association
CohnReznick’s integrated accounting, tax, and advisory capabilities serve companies at every point of the renewable energy business spectrum.
Technical accounting consulting
Complex transactions –especially those involving tax credits – require specialized accounting. We consult with clients on the accounting treatment of complex commodity contracts, align accounting policies as part of an acquisition, and manage the impact of new or proposed accounting standards and contemplated deal structures — including modeling the impact of HLBV at the project, sponsor, and investor levels.
Tax and tax equity advisory
For developers and investors, tax-planning strategies are the lynchpin of renewable energy deals. We carefully assess tax and GAAP considerations for potential deal structures, modeling tax and GAAP impact to both the project and its sponsors.
Working with our affiliated company CohnReznick Capital, we make up the largest renewable energy advisory team in North America. The CohnReznick Capital team can provide you with comprehensive transaction advisory and capital raising services including project finance and M&A advisory.
The 2017 Tax Reform and The Tax Effects on Renewable Energy