Frontier Forum: How tax credit transfers are reshaping energy finance

What this episode covers

Alfred Johnson, CEO of Crux, and panelists Stephanie Deterding and Timmi Kloster from US Bank discuss the rapid growth of the transferable clean energy tax credit market, which tripled in 2024. They highlight key trends including improved pricing, the rise of hybrid transactions, and the diversification into nuclear, manufacturing (45X), and other technologies. The panelists note that despite post-election policy uncertainty, bidding activity remains robust, with 90% of benefiting projects located in Republican districts, driven by strong corporate demand and increased liquidity.