Investors
Capital & deal structure
How we finance projects, ITC monetization and downside protection. Detailed capital-stack and tax-equity terms are shared with qualified investors on request.
Tax incentives
ITC monetization & depreciation
Our projects are designed to qualify for the federal Investment Tax Credit (ITC) of 30-50% of eligible capital costs, with our two flagship battery-storage projects positioned at the 50% level through bonus credits, alongside accelerated and bonus depreciation.
These credits can be monetized through a tax-equity partnership or, where advantageous, through credit transfer. Final eligibility and credit levels depend on prevailing-wage and apprenticeship, domestic-content, and energy-community criteria, confirmed per project.
Revenue & downside protection
Contracted cash flow, with optionality
Revenue is built on a mix of contracted and merchant structures matched to each asset, tolling agreements and long-term PPAs for contracted, bankable cash flow, complemented by merchant participation that captures upside in tight markets.
Battery storage adds firm, dispatchable, 24/7 capacity that supports the grid and our offtakers at moments of peak need. The blend is calibrated per project to protect downside while preserving upside, the profile institutional investors and lenders underwrite to.
Examples of potential benefits of investing in renewable energy. Figures and allocations are illustrative and representative as of June 2026, not an offer of securities, and not guarantees of future results. Structures are negotiated and confirmed on a per-project basis. See our Disclosures. Investors should contact their personal tax advisors and review the tax aspects described in the Confidential Information Memorandum. IRS Circular 230 Notice: The statements contained herein are not intended to and do not constitute an opinion as to any tax or other matter. Any statement contained in this communication (including any attachments) concerning U.S. tax matters is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein.