Brightwell’s Post

The Inflation Reduction Act (IRA) has revolutionized the way federal clean energy tax credits are monetized and has transformed the way companies approach how they leverage investment and production tax credits for renewable energy projects. Corporate tax professionals should take advantage of the new rules. Here's why > https://lnkd.in/gcvbunAr

How do transferable tax credits work? 🤔 Tax equity has long presented barriers for distributed energy projects to access financing. However, a new provision in the 𝐈𝐧𝐟𝐥𝐚𝐭𝐢𝐨𝐧 𝐑𝐞𝐝𝐮𝐜𝐭𝐢𝐨𝐧 𝐀𝐜𝐭 (𝐈𝐑𝐀) now enables tax credits to be 𝑡𝑟𝑎𝑛𝑠𝑓𝑒𝑟𝑟𝑒𝑑, opening up liquidity for project developers and 𝐁𝐈𝐋𝐋𝐈𝐎𝐍𝐒 of dollars 💵 in opportunity. Last year NICO JOHNSON 🎙️ spoke with William Lee, Co-founder & President of Reunion, to peel back the layers of the IRA 📜 and available tax credits. With over 15 years of experience in renewable energy project finance, including pioneering solar tax equity deals at SunEdison, Billy has witnessed firsthand the challenges that distributed energy projects encounter in accessing tax equity. Reunion's platform streamlines transactions and ensures due diligence and risk management 🛡️, which is essential to the market. 🌍 His insights into the new market dynamics, enabled by the IRA, shed light on the monumental shift towards efficient financing and scalability in the renewable energy sector. This conversation unveils the powerful impact of the IRA in revolutionizing the monetization of renewable energy project tax credits, demonstrating the vast potential of market liquidity to drive growth and innovation 💡, by addressing the complexities of tax equity that have historically limited to smaller distributed projects. #RenewableEnergy #Finance #SolarEnergy #InflationReductionAct #Innovation Watch the full episode with Billy here: https://lnkd.in/eE3eS8K5

It's that time of year 🥳 ☀️ If you have been researching solar, you've come across the Investment Tax Credit (ITC) from the federal government, which helps homeowners go solar at an even more affordable rate by offering a 30% tax incentive. For more information on the filing process, check out our blog at https://lnkd.in/g7abXwqH. #solar #taxseason #solartaxcredit

Investing Your Taxes For Returns!? Global Federation of Chambers in alliance with Impact Energy Solutions provide individual and corporate tax payers the opportunity to invest their taxes into renewable energy, providing South Africans an opportunity to a passive income with returns of 18-20% for 20 years. Our initiative emphasizes a commitment to sustainability and responsible investment, offering any tax payer a unique opportunity to align financial goals with environmental impact. Reach out to learn more about how you could use the 12B Tax advantage to drive long-term financial growth and environmental responsibility. #sustainability #renewableenergy #impactinvestment #solarenergy

If you’re interested in pursuing a potential solar tax credit investment or adding a solar development to your commercial property, make sure you read Jeremy's latest article on the Solar Investment Tax Credit.

Tax equity financing helps fund important renewable energy projects, enticing investors with an attractive combination of tax savings and cash returns. Our latest spotlight blog features Peter A. Brown, National Sales Director, who shares his experience in this field. Uncover Peter’s intriguing experience and his take on how tax credits can not only make a difference in communities across the country but establish a sustainable environment: https://bit.ly/48n4PtL #tax #taxcredits #taxequity #spotlightseries #taxblog #investing

Exiting Section 12J? Mitigate Your Exit Tax With These Options! If you're looking to reduce your Section 12J exit tax, you have two routes: 1️⃣ Section 42 Roll-Over Relief: Defer your exit tax with a collective investment scheme. 2️⃣ Section 12B Solar Investment: Invest in solar to shield the tax consequence. For tax mitigation, Section 12B generally wins—you can reduce your tax liability to zero by investing just 21% of your Section 12J capital in a solar project, versus committing 100% for Section 42 roll-over relief. Plus, with Section 12B, you could get up to 90% of your investment back in the first year through SARS refunds and cash inflows. Learn more about your best options in our latest article. https://ow.ly/pNGL50Ry9ew BizNews #Section12J #Section12B #exittax #tax

As highlighted in this Wall Street Journal article, companies are snapping up new clean-energy tax credits. U.S. Bancorp Impact Finance recently expanded its product offering through the facilitation of renewable energy tax credit transfers. During the fourth quarter 2023, this innovative business program completed $700 million of transferable renewable energy credits. #usbank #USBImpactFinance

As highlighted in this Wall Street Journal article, companies are snapping up new clean-energy tax credits. U.S. Bancorp Impact Finance recently expanded its product offering through the facilitation of renewable energy tax credit transfers. During the fourth quarter 2023, this innovative business program completed $700 million of transferable renewable energy credits. #usbank #USBImpactFinance