Navigate the Future of Clean Energy with Confidence

The clean energy market is undergoing a transformative shift, fueled by the Inflation Reduction Act of 2022 (IRA). One of its most impactful provisions – tax credit transferability – enables the sale of tax credits, streamlining transactions, and expanding opportunities for investors and developers alike.

At CohnReznick, we’re here to help you capitalize on this evolving landscape. Our team delivers strategic guidance and hands-on support to help you maximize the value of your clean energy tax credits.

SERVICE OFFERINGS

Unlocking flexibility and growth in clean energy investments

Cost Segregation and Valuations
Assess project eligibility and determine investment tax credit (ITC) worth.
Education and Training
Stay informed with continuous education and updates tailored to your team.
Ongoing Compliance
Receive support with tax returns, audits, and evolving compliance needs.
Prevailing Wage and Apprenticeship Compliance
Ensure your projects meet IRA requirements to unlock full tax credit value.
Structuring and Modeling
Develop hybrid structures and financial models to support strategic decision-making.
Why Choose CohnReznick?

Holistic Approach

From project inception to completion, we provide end-to-end support to optimize every aspect of your tax credit transactions.

Industry Leadership

Our specialists are at the forefront of the clean energy sector, offering innovative solutions and deep market insight.

Client-Centric Service

We tailor our strategies to your unique goals, delivering personalized advice that drives results.

Frequently Asked Questions

  • Generally, clean energy project developers (like solar or wind energy companies) can sell tax credits. Corporations or investors with large tax liabilities can buy them to reduce their tax bills. Eligibility depends on meeting certain IRS and IRA requirements.
  • Tax credit transferability allows businesses or project developers to sell their unused clean energy tax credits to other companies. This creates more flexibility and helps unlock the value of the credits, even if the original owner doesn’t have enough tax liability to use them.

  • Benefits: Sellers get immediate cash flow; buyers reduce their tax liability. It also encourages more investment in clean energy.

    Risks: There are compliance requirements, and both parties must ensure proper documentation and valuation to avoid IRS issues.

     
  • • Project earns tax credits by meeting clean energy and compliance standards
    • Credits are valued and structured for sale
    • A buyer is found, and a transfer agreement is created
    • The IRS is notified, and the buyer claims the credits on their tax return
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Let’s Talk

Ready to explore how tax credit transferability can benefit your clean energy projects? Our team is here to help.

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