An analysis of the current state of the renewables M&A market, reasons for declining valuation, pricing range and duration differences in credit transfers, investment opportunities in energy storage, carbon capture, and RNG, and the potential of green hydrogen as a game-changer in renewable energy.

Episode 211: New Proposed IRS Guidance on Tax Credits Transferability Hilary Lefko, partner in Norton Rose Fulbright, joins host Todd Alexander in an in-depth conversation on the proposed guidance on tax credits and transferability recently released by the IRS. They cover how the new guidance addresses registration, payment for credits, regulations involving partnerships, individual purchasers, bonus credits, brokers, what new products can be expected and how the tax insurance market has reacted so far.

Gregory Adams, Senior Vice President of FuelCell Energy, joins host Todd Alexander for a discussion about fuel cells, what they are, where they are used, what incentives the Inflation Reduction Act provides for fuel cell projects, where the risks are in such projects, and more.

Judd Messer, Vice President, and Jeffrey Clark, President and CEO, of the Advanced Power Alliance in Texas join host Todd Alexander in a lively discussion on the new legislation passed in Texas that imposes restrictions on renewable energy development. The speakers discusswhat the new legislation does, what investors and developers need to know about it and what could be the fallout.

CEO of Marathon Capital, LLC, Ted Brandt, discusses the impact of the Inflation Reduction Act on deals in the renewables sector, challenges in true sequestration, and potential opportunities in carbon capture and enhanced oil recovery. The podcast also explores the transferability of tax credits, the nature of buyers in the renewable energy market, and investment opportunities in clean energy and green chemical companies.

Jeff Hendler, CEO of Logical Buildings, and our host Todd Alexander discuss the Climate Mobilization Act, what it is and how it affects the CRE and energy industries, how the statute is being implementedacross various building types and what opportunities it creates for investors and property owners.

CohnReznick Capital’s Michael Tatarsky, Managing Director, and Colin Smith, Senior Research Analyst, join Todd Alexander to discuss the Market Cost of Energy (MCOE) in the wake of the Inflation Reduction Act. They go over how the IRA will affect pricing, the impact on PPA’s and how the market has reacted.

The Inflation Reduction Act last August let companies sell nine types of federal tax credits to other companies for cash. The window opened on such sales on January 1. Five market veterans discuss how the market is developing. Moderator Keith Martin is joined by Ted Brandt, CEO of Marathon Capital, Jack Cargas, Managing Director and Head of Tax Equity Origination at Bank of America, Billy Lee, President of Reunion (an electronic trading platform), Rubiao Song, Managing Director and Head of Energy Investments at JPMorgan, and Jamie Stahle, Senior Managing Director of CCA Group.

Martin McCann, partner in London, joins Todd Alexander to discuss the global mining supply chain. We discuss how the global EV boom is affecting precious metal mining, the competition among countries to be top in mining and battery manufacturing, how the Inflation Reduction Act is affecting investment in mining, how car makers are taking advantage of IRA tax credits, and more.

Ep203: Transferability of Tax Credits Hilary Lefko, partner in Washington, joins Todd Alexander to discuss the transferability of tax credits. We discuss how federal transferability compares to the existing market for sales of state tax credits, how developers are taking advantage of transferability, how lenders look at it, what the market looks like for brokers, what has surprised Hilary about the market’s adoption of transferability, the timeline for the issuance of guidance and more.