October 20, 2023
2 min read

Introducing Reunion's Transferable Tax Credit Handbook, a comprehensive guide to buying and selling clean energy tax credits.

A comprehensive guide to buying and selling clean energy tax credits.

What's inside version 1.0 (October 2023)

Section 1: Executive summary
Section 2: About this guidebook
  • Purpose
  • Audience
  • Versioning
Section 3: Background
  • What are transferable tax credits?
  • What are the benefits of transferable tax credits?
  • Types of transferable tax credits
  • Prevailing wage and apprenticeship requirements
Section 4: Technical credit considerations
  • Who can sell credits?
  • Who can buy credits?
  • Tax treatment
  • Other restrictions
  • Excessive credit transfers
  • Carrybacks and carryforwards
  • Buyers and sellers with different tax years
  • Transfer mechanics
  • Corporate AMT
  • OECD Pillar Two
Section 5: The most common credits
  • §48 investment tax credit
  • §45 production tax credit
  • Risk mitigants
  • Bonus credits (energy community, domestic content, LMI)
  • Technology-neutral ITC and PTC
Section 6: Tax credit transfer agreements
  • General structure
  • Commercial terms
  • Representaitons and warranties
  • Pre-closing covenants
  • Closing conditions precedent
  • Post-closing covenants
  • Indemnification
  • Guarantee agreement
  • Tax credit insurance
  • Termination
Section 7: Market considerations
  • Pricing dynamics
  • Return metrics
  • Tax equity
Section 8: Working with Reunion
  • Who we are
  • How we work
Section 9: Identifying projects and credits
  • Login to the Reunion app
  • Save projects to your portfolio
  • Save searches
  • Submitting a proposal
  • Managing risk, conducting due diligence
  • Negotiating and executing a tax credit transfer agreement

Reunion accelerates investment into clean energy

Our platform facilitates the purchase and sale of transferable tax credits to support solar, wind, battery, biogas and other clean energy projects.
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