transferable tax credits

6 statements across 2 episodes · 2 bullish · 0 bearish · 2 people on the record · first statement Feb 8, 2024 by Nat Bullard · across every show →

Everything said about transferable tax credits, oldest first

Feb 8, 2024 neutral
Assertion Supported
Bullard: Sub-$1M transferable tax credits trade at 84–86 cents per dollar
“So, for projects that are, or a transfer of under a million dollars, you're getting, like, an 84 to 86 cent price, as opposed to what you say suggests is a hundred percent, a hundred cents on the dollar, which gives the investor a quite high IRR, like a 16 to …”
Nat Bullard Feb 8, 2024 ▶ 24:35 2024 trends: batteries, transferable tax credits, and the cost of capital
Feb 8, 2024 neutral
Assertion Supported
Bullard: $50M transferable tax credit deals trade at 94–96 cents per dollar
“When you get all the way up to, say, a fifty million dollar transfer, where you're going to be competing with traditional tax equity, but not only with traditional tax equity, but with other risk-free investments, like, say, treasury bills, you're in the, like…”
Nat Bullard Feb 8, 2024 ▶ 24:56 2024 trends: batteries, transferable tax credits, and the cost of capital
Feb 20, 2024 bullish
Assertion Supported
Johnson: Sub-$50M deals represent the majority of transferable tax credit market
“We found in our data set that smaller deals, so fifty million and below, Represented the majority of deals in the data set.”
Alfred Johnson Feb 20, 2024 ▶ 13:08 Frontier Forum: Diving into the booming transferable tax credit market
Feb 20, 2024 positive
Assertion Supported
Alfred Johnson: Transferable tax credits average 92-94 cents, beating LIHTC pricing
“The average credit price that we found in the sample was 92 to 94 cents, and this is better average pricing than we see currently in the thirty-seven-year-old Lytec market”
Alfred Johnson Feb 20, 2024 ▶ 5:43 Frontier Forum: Diving into the booming transferable tax credit market
Feb 20, 2024 neutral
Prediction Not checkable as stated
Johnson: 2024 transferable tax credit market may see pricing reset
“So I think you're gonna see supply and demand adjust over the course of the year, and you may see a bit of a reset on pricing as we go into a more of a larger market from the one that was in twenty-twenty-three.”
Alfred Johnson Feb 20, 2024 ▶ 22:46 Frontier Forum: Diving into the booming transferable tax credit market
Feb 20, 2024 neutral
Assertion Supported
Johnson: 2023 clean energy tax credit transactions will reach $7B-$9B
“If you trust our numbers, then it's something like seven to nine billion that will transact, but it's capped. And there was more demand than supply. There is still more demand than supply on those 23 credits.”
Alfred Johnson Feb 20, 2024 ▶ 22:22 Frontier Forum: Diving into the booming transferable tax credit market
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