IRA Monetization Energizes Clean Power Tax Credit Market

By Andrew Eastman (December 5, 2023, 3:53 PM EST) -- Among the benefits afforded the renewable energy sector by the Inflation Reduction Act — the Biden administration's landmark climate bill — the ability to monetize 11 new or expanded clean energy tax credits via direct transfer has been especially interesting to developers because of its potential to eliminate costly, drawn-out tax equity transactions. Investors are also eager to participate in the newly expanded tax credit landscape....

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