ITC from wind turbine + Section 30C ITCs from DC fast-charging (EV charging) projects
Crux Climate facilitated Rivian's transfer of ITC from a wind turbine and Section 30C alternative fuel vehicle refueling credits from 2023 DC fast-charging projects. IRS 30C guidance came out during the transaction (Sept 2024), providing market certainty. Small credit volume where tax equity wouldn't have been realistic.
Other
Technology
Multi-state
Location
Deal Details
- Deal Type
- ITC Transfer + 30C Transfer
- Seller / Sponsor
- Rivian
- Buyer / Financier
- Undisclosed
- Deal Value
- Undisclosed
- Stage
- Operating
- ISO/RTO
- Multiple
- Source
- Crux Climate
Service Providers
Advisory & Legal
- taxCreditMarketplace
- Crux Climate
Finance Counterparties
Lenders & Capital Providers
- Tax Credit Buyer
- Undisclosed
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