Tax Credit Revolution: Clean Energy Tax Credit Transfers

In this webinar, members of our Energy, Infrastructure, and Resources, Policy and Regulatory, and Tax teams discussed the Treasury Department’s recently finalized regulations regarding the direct transfer of clean energy tax credits (IRC Section 6418). Enacted as part of the Inflation Reduction Act, owners of clean energy projects are now able to sell eligible credits to unrelated buyers. The market is booming and has already had a significant impact on how clean energy projects are structured and financed. However, clean energy tax credit transfers are not without risks, which both sellers and buyers should consider and mitigate through appropriate deal structures and terms. They discuss highlights of the final rules and share practical insights for getting deals done.