News & Insights
Stay informed with the latest developments and expert perspectives on tax credits from Mickelson & Company. Our articles offer thorough analysis and up-to-date insights into the railroad and renewable energy sectors. Utilize this knowledge to strengthen your strategic planning in these crucial areas.
Webinar on Dec. 17: Benefits to Corporate Buyers of a 45Z Tax Credit Purchase
Please join Mickelson & Company as we present a webinar on Dec. 17 from 11:30 a.m. to 12:30 p.m. CST on the Benefits to Corporate Buyers of a 45Z Tax Credit Purchase.
Is the Traditional Tax Equity Structure Outdated by Transferable Credits?
While tax equity provides the economic value by monetizing both credits and depreciation, the cost, complexity, and time commitment are prohibitive for some. Tax credit transferability offers an efficient and inexpensive way to monetize investments.
Gevo, Inc. Announces Sale of Approximately $20 Million of Investment Tax Credits
ENGLEWOOD, Colo., Sept. 19, 2024 (GLOBE NEWSWIRE) — Gevo, Inc. (NASDAQ: GEVO) is pleased to announce the sale of approximately $20 million in Investment Tax Credits to an undisclosed corporate buyer. This transaction monetizes Inflation Reduction Act (“IRA”) Investment Tax Credits generated from the commercialization of a renewable natural gas (“RNG”) production facility by Gevo NW Iowa RNG, LLC (“Gevo RNG”) and provides net cash proceeds of approximately $17 million to Gevo after transaction fees.
