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21 February 20243 minute read

Creating value through renewable energy tax credit purchases: What organizational decision makers need to know

Wednesday, February 21, 2024

If you were unable to join us, we invite you to watch the recording here.

The Inflation Reduction Act opened the market for billions of dollars in renewable energy tax credits, and for the first time allows for these credits to be transferred and used to offset US federal income tax liabilities.

We hope you were able to join us for the sixth session in our Clean Energy Tax Credit and Incentives CLE/CPE speaker series. In this webinar, Drew Young hosted a panel of leading authorities on renewable energy credits to provide the essential information you need to determine whether your company can benefit from purchasing renewables credits. The session covered topics of interest to the multiple stakeholders within a company involved in transferrable tax credit transactions, such as finance, treasury, tax and legal stakeholders.

Our panelists explained what you need to know, what risks may exist and how to manage those risks with the following discussion points:

  • Key rules around the generation and transfer of renewables credits
  • Market trends
  • Structuring and documentation requirements for a credit transfer, including best practices with respect to credit transfer agreements
  • Assessing tax risks, such as recapture, from a tax credit purchase and mitigating these risks using tax insurance
  • Real-world credit transfer situations (including using renewables credit markets to optimize pricing and timing) and economic impacts (including impacts to a Company’s estimated tax payment calculations and tax provision)
For more information
Visit our topics hub for related articles and the event series page to learn more. Please contact Sarah Stephens with questions.

Speakers

Drew Young

Partner, Transactional Tax Practice Lead - DLA Piper
Speaker bio

Raul Farias

Partner, Corporate - DLA Piper
Speaker bio

Alex Hayes

Head of Tax, Americas - HWF Partners
Speaker bio

Kevin Haley

Head of Tax Credit Capital - Reunion
Speaker bio

Gabe Rubio

Principal, Business Incentives & Tax Credits, BDO USA
Speaker bio
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