Timmy Kloster of U.S. Bancorp discusses how the Inflation Reduction Act's tax credit transferability provisions accelerated corporate buyer entry into clean energy finance in 2024.
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“And just to put some numbers behind it, I think we saw three times the amount of new investors enter the space through transferability that we would have seen in a typical pre-IRA, traditional tax equity partnership market.”
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More from Timmy Kloster
AssertionNot checkable as stated
New tax credit buyers committed $200M to $300M out of the gate
“So maybe one last thing is just the size of commitments that investors were willing to make to even new players. You know, they were coming out of the gate saying we want to do 203 hundred million of capacity this year. So they weren't dipping their toe. They …”
Timmy KlosterMar 21, 2025▶ 5:50Frontier Forum: How tax credit transfers are reshaping energy finance
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