The introduction of transferable solar tax credits under the Inflation Reduction Act (IRA) is revolutionizing the solar finance landscape, with online transfers occurring, and nuanced techniques to maximize value developing.
Subscribers in the portfolio include municipalities, healthcare, food service, and retail companies, as well as 8,000 low-to-moderate income (LMI) households.
The independent power producer has closed on a $499 million, investment grade, private placement financing representing approximately 650 MW of utility-scale wind and solar power projects.
The company says it will use the money to provide customers with the financing necessary to use its Phazr energy-storage platform starting in the third quarter of next year.
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