Join us at Direct Pay by Infocast 2024!
Banyan Infrastructure will be attending and speaking at Direct Pay: Clean Energy Incentives for Tax-Exempt Entities on November 19 in Salt Lake City. Connect with us!
Mark your calendars for our sessions!
Identifying & Mitigating Risks in Your Project
9:45-10:30 am
Panelists:
- David Carpenter, Vice President of Development & Chief Legal Officer, Green Lantern Solar
- Amanda Li, Chief Operating Officer, Banyan Infrastructure
- Ruby Theresa Nahan, Researcher, Community Solar, ADDS Center, NREL
- Jaron Goddard, Associate Attorney, Wilson Sonsini Goodrich & Rosati (Moderator)
Understanding the Range of Capital Needs & Financing Options
11:30-12:15 pm
Panelists:
- David J. Clamage, Founder and Managing Director, Saulsbury Hill Financial
- Walter Cuculic, Senior Vice President, Director of Solar Banking, Legacy Bank & Trust
- Anu Yadav, Managing Director, Investments, Coalition for Green Capital
- Alex Kovtunenko, Deputy General Counsel, Financing Programs, Connecticut Green Bank
- Daniel Packard, Vice President Renewable Energy, National Cooperative Bank
- Sundaresh Mahendra, Founder and CEO, Elective Power (Moderator)
About Banyan Infrastructure
Banyan Infrastructure is a project finance software platform designed to simplify, accelerate, and optimize sustainable infrastructure financing across all of your deal cycles.
It’s an exciting time to operate at the intersection of fintech and renewable energy financing and development. With so many projects coming online and capital flowing into sustainable infrastructure, it’s the right time to evaluate how to use technology to increase deal velocity, scale your portfolio and processes, optimize your portfolio outcomes, and manage your growing compliance requirements.
About Direct Pay: Clean Energy Incentives for Tax-Exempt Entities
The IRA created the ability for tax-exempt entities to use direct payments, or elective pay, for the full value of clean energy and decarbonizing technology tax credits. For the first time, tax-exempt entities have a pathway to directly participate in developing and owning new clean energy and other eligible projects, rather than being dependent on power purchase agreements. This ownership option can be particularly attractive as the tax credits can be combined with grants, forgivable loans, and stacked incentives/adders to greatly reduce capital expenditures.
However, making the most of clean energy tax credits utilizing direct pay will require tax-exempt entities to master the rules of this new game. Given the large cohort of tax credits available that are applicable to direct pay, each with specific guidelines, utilizing the direct pay provision to maximum effect requires specialized advice from experts who can walk tax-exempt entities through the process, explore alternatives, and outline strategies for optimizing value, mitigating risk, and avoiding potential missteps.
Infocast has put together Direct Pay: Clean Energy Incentives for Tax-Exempt Entities to provide exactly the state-of-the-art information that tax-exempt entities and their partners will need to get the full benefit of this revolutionary new regime.
Learn more about the event here.
Mark your calendars for our sessions!
Identifying & Mitigating Risks in Your Project
9:45-10:30 am
Panelists:
- David Carpenter, Vice President of Development & Chief Legal Officer, Green Lantern Solar
- Amanda Li, Chief Operating Officer, Banyan Infrastructure
- Ruby Theresa Nahan, Researcher, Community Solar, ADDS Center, NREL
- Jaron Goddard, Associate Attorney, Wilson Sonsini Goodrich & Rosati (Moderator)
Understanding the Range of Capital Needs & Financing Options
11:30-12:15 pm
Panelists:
- David J. Clamage, Founder and Managing Director, Saulsbury Hill Financial
- Walter Cuculic, Senior Vice President, Director of Solar Banking, Legacy Bank & Trust
- Anu Yadav, Managing Director, Investments, Coalition for Green Capital
- Alex Kovtunenko, Deputy General Counsel, Financing Programs, Connecticut Green Bank
- Daniel Packard, Vice President Renewable Energy, National Cooperative Bank
- Sundaresh Mahendra, Founder and CEO, Elective Power (Moderator)
About Banyan Infrastructure
Banyan Infrastructure is a project finance software platform designed to simplify, accelerate, and optimize sustainable infrastructure financing across all of your deal cycles.
It’s an exciting time to operate at the intersection of fintech and renewable energy financing and development. With so many projects coming online and capital flowing into sustainable infrastructure, it’s the right time to evaluate how to use technology to increase deal velocity, scale your portfolio and processes, optimize your portfolio outcomes, and manage your growing compliance requirements.
About Direct Pay: Clean Energy Incentives for Tax-Exempt Entities
The IRA created the ability for tax-exempt entities to use direct payments, or elective pay, for the full value of clean energy and decarbonizing technology tax credits. For the first time, tax-exempt entities have a pathway to directly participate in developing and owning new clean energy and other eligible projects, rather than being dependent on power purchase agreements. This ownership option can be particularly attractive as the tax credits can be combined with grants, forgivable loans, and stacked incentives/adders to greatly reduce capital expenditures.
However, making the most of clean energy tax credits utilizing direct pay will require tax-exempt entities to master the rules of this new game. Given the large cohort of tax credits available that are applicable to direct pay, each with specific guidelines, utilizing the direct pay provision to maximum effect requires specialized advice from experts who can walk tax-exempt entities through the process, explore alternatives, and outline strategies for optimizing value, mitigating risk, and avoiding potential missteps.
Infocast has put together Direct Pay: Clean Energy Incentives for Tax-Exempt Entities to provide exactly the state-of-the-art information that tax-exempt entities and their partners will need to get the full benefit of this revolutionary new regime.
Learn more about the event here.
Use the calendar below to find time to chat with us at Direct Pay 2024 to learn more. We look forward to meeting with you!