Solar Tax Equity and Tax Credit Transfer Advisory
US solar and storage projects can monetise federal tax credits through tax equity partnerships or by selling the credits to a buyer under the transferability rules. Which route works depends on eligibility, timing and who will take the tax risk.
FG Capital Advisors helps sponsors prepare the project for tax equity investors and credit buyers and coordinates the process with the sponsor's tax counsel. We do not give tax or legal advice.
Start Client IntakeWho This Is For
Solar Developers
US developers who need tax equity or a credit sale to complete the capital stack.
Storage Developers
Developers of battery storage projects claiming investment credits.
Portfolio Owners
Owners with several projects who want to sell credits across a portfolio.
Lenders and Investors
Capital providers who need the tax credit position documented before they commit.
What FG Capital Advisors Arranges
Eligibility Workstream
Coordination with tax counsel on credit eligibility, beginning of construction evidence, domestic content and foreign entity rules.
Route Comparison
A written comparison of tax equity partnership and credit transfer for your project.
Buyer and Investor Outreach
Approach to tax equity investors and tax credit buyers and comparison of their terms.
Bridge Financing
Where cash is needed before the credits are paid for, we approach lenders that bridge tax equity or credit sale proceeds.
This service is part of our Solar Project Finance Advisory work, which covers every stage of solar and renewable energy financing.
How It Works
- You send the project details through the client intake form, including technology, location, construction status, expected credits and the capital you need.
- We work with your tax counsel to confirm the eligibility evidence buyers and investors will ask for.
- We prepare the information package and compare the tax equity and transfer routes.
- We approach investors and buyers, compare terms and coordinate documentation to closing.
What Lenders and Investors Look For
Eligibility Evidence
Documented beginning of construction, placed in service timing and compliance with current credit rules.
Foreign Entity Compliance
Ownership and supply chain information that supports compliance with the foreign entity restrictions in the current rules.
Recapture and Indemnity
A clear position on recapture risk, insurance and sponsor indemnities.
Project Quality
The same contracts, permits and technical work a lender would expect.
Documents to Send
Tax
Tax counsel memo or advice on eligibility, beginning of construction evidence and any adder qualification.
Project
Permits, interconnection agreement, EPC contract and schedule.
Supply Chain
Equipment supply contracts and supplier information.
Financial
Financial model showing expected credits and the capital stack.
Related Services and Guides
Frequently Asked Questions
Are US solar tax credits still available?
The rules changed under the law enacted on July 4, 2025. Solar projects that began construction by July 4, 2026 under the IRS rules can remain eligible, while other solar projects generally must be placed in service by December 31, 2027. Your tax counsel must confirm eligibility for your project.
What is the difference between tax equity and a credit transfer?
In tax equity, an investor joins the project ownership and receives the tax benefits. In a transfer, the owner sells eligible credits to a buyer for cash and keeps ownership.
Does FG Capital Advisors give tax advice?
No. We coordinate with your tax counsel and present the project to investors and buyers. Tax and legal positions come from your advisers.
How do I start?
Send the project summary, construction status and tax counsel contact through the client intake form.
Start Your Client Intake
Send the project through our client intake form with the details listed above. We review every submission and reply in writing with the scope, fee and next steps.
Start Client IntakeLenders and investors make their own credit and investment decisions. Terms and approval depend on their diligence, and funding is not guaranteed.
