Renewable Energy
Reunion, Summit Ridge Partner on Tax Credit Sale for Community Solar
Reunion and Summit Ridge Energy have collaborated to sell $40 million of transferable tax credits from a portfolio of Virginia community solar projects.
The purchaser of these tax credits is a privately held real estate company.
Several of the projects in Summit Ridge’s portfolio are located in areas that qualify for the IRA’s energy community and low-income community bonus adders.
“Our team is proud to partner with Summit Ridge, a leader in supporting the shift to renewable energy,” says Andy Moon, CEO of Reunion.
“The company’s position in community solar, we were able to quickly identify and support a transaction with a taxpayer interested in purchasing tax credits from their clean energy projects.”
The post Reunion, Summit Ridge Partner on Tax Credit Sale for Community Solar appeared first on Solar Industry.
Reunion, Summit Ridge Partner on Tax Credit Sale for Community Solar