Rubiao Song

In this discussion, guests Jack Cargas, Elizabeth Waters, Ralph Cho, and Rubiao Song—industry veterans in tax equity and project finance—delve into the burgeoning landscape of renewable energy financing. They reveal that tax capital for renewable projects is projected to soar to $33 billion by 2025. Key topics include navigating hybrid tax equity complexities, legal intricacies in project qualifications, and trends in solar financing shaped by tax incentives. They also explore the evolving lender dynamics in project finance amid changing market conditions.

Industry veterans discuss the outlook for tax equity, tax credit sales, and debt in the project finance sector for 2024. Topics include tax equity volume estimations, buying tax credits, tax equity yield stability, regulatory changes, corporate participants, debt in the market, financing green hydrogen products, and financial challenges and potential opportunities.

Rubiao Song, Head of Energy Tax Equity Investments, discusses the significance of tax equity in developing renewable energy in the US. Topics include the economic impact of investments, opportunities from the Inflation Reduction Act, and JP Morgan's role in supporting energy transition projects.