Factor This!

The tax equity rule with ‘dire’ consequences for clean energy

October 09, 2023 Renewable Energy World Season 1 Episode 69
Factor This!
The tax equity rule with ‘dire’ consequences for clean energy
Show Notes

Monetizing clean energy tax credits is already tough enough. Critical to clean energy deployment, tax equity financing is both inefficient and undersupplied. And it could get a lot worse.

A rule proposed by banking authorities could have big impacts on the few remaining tax equity financiers by upending how they weight project risk. Simply put, the rule would quadruple capital requirements for banks holding tax equity investments.

Episode 62 of the Factor This! podcast features Hilary Lefko, a partner at the law firm Norton Rose Fulbright.

Lefko shares why the “Basel III” ruling could lead to "dire consequences" for the tax equity market and clean energy goals.

Watch the full episode on YouTube

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