The Ledger
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U.S. Bank saw 3x more new investors via tax credit transferability
“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.”
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 …”