ITC transfers for solar PV and BESS projects
Multiple ITC transfers under IRA Section 6418. Executed concurrently with long-term debt financings. Growing trend of pairing project finance with transferable credit sales.
Hybrid
Technology
Multi-state
Location
Deal Details
- Deal Type
- Project Financing
- Seller / Sponsor
- Ameresco
- Buyer / Financier
- Undisclosed
- Deal Value
- Undisclosed
- Stage
- Construction
- ISO/RTO
- Multiple
- Source
- Ameresco IR
Service Providers
Advisory & Legal
- Financial Advisor
- CounterpointeSRE
Finance Counterparties
Lenders & Capital Providers
- Tax Credit Buyer
- Undisclosed
Related Deals
~$1B in renewable energy tax credits from NextEra's US wind and solar portfolio
NextEra Energy → Undisclosed
$1B
~$40M of transferable ITC from Virginia community solar portfolio (600+ MW total SRE portfolio)
Summit Ridge Energy → Undisclosed (private real estate company)
$40M
~$40M of Section 45X AMPCs from US-manufactured PV inverters (H1 2024 production)
SolarEdge → Undisclosed
~$40M
Global Infrastructure Partners (GIP) — world's largest independent infrastructure fund with 19+ GW operational renewables, 173 GW in construction/development
Global Infrastructure Partners → BlackRock
$12.5B
Recurrent Energy — 20% stake in Canadian Solar's renewable energy subsidiary (11 GWp solar + 3 GWh storage globally)
Recurrent Energy → BlackRock
$500M
Section 45X Advanced Manufacturing Production Tax Credits — $700M from 2023 US solar module production (6.3 GW Ohio factories)
First Solar → Fiserv
$700M (at $0.96 per $1.00)
Get deals like this in your inbox
Free weekly clean energy deal intelligence. Every Monday.