Crux

Demand for transferable tax credits is growing quickly, and buyers are becoming increasingly sophisticated in their approach to tax credit transactions. As a result, the market is also becoming increasingly competitive. Two-thirds of market participants are engaging in some form of competitive sales process. And as competition increases, standing out is imperative for sellers. Crux’s data show that there are common actions every project developer and manufacturer can take to make their credits more appealing – ultimately generating more bids and maximizing their value. Read more on our website, and get in touch if you’d like to learn more about transferability and transacting your clean energy tax credits: https://lnkd.in/gGQ6budA

Crux’s Alfred Johnson and Katie Bays talked to PV Tech about the fast-growing transferable tax credit market that has “blown the doors open.” They go deep on transferability, including Crux’s insights on pricing, competition, and deal dynamics. From Alfred: “The market for clean energy tax credits developed much more quickly than anticipated. The product is simpler and the base of buyers is significantly larger than existed for traditional tax equity. We estimate US$7-9 billion of 2023 credits transacted and expect the market to double in 2024.” Read more in PV Tech: https://lnkd.in/gNwWU2DZ

🚨 Alfred Johnson rejoins Conor Gaughan on CiC nearly a year after launching Crux. Hear the co-founder and CEO share what has changed since his last appearance, key insights from building a tax credit marketplace, and why Crux’s revolutionary management software is at the forefront of a multi-billion (if not trillion) dollar opportunity in clean energy credits. Listen now on your favorite podcast platform! https://lnkd.in/dywqfYUb

It was great to host Crux CEO Alfred Johnson along with my colleague Guy Van Syckle, CFA to discuss all things transferable tax credits and how Crux's new marketplace is accelerating investment in clean energy infrastructure! Check out the latest episode of Climate Positive: https://lnkd.in/gqksYKF3

Partnering with Crux has helped ClearGen to optimize tax credit utilization, accelerating our ability to reinvest in impactful energy initiatives. Explore the full article to learn how we're enabling innovation in clean energy: https://lnkd.in/eqRVSams

Crux is growing! I'm excited to share we're looking for some phenomenal additions to the team across multiple departments including: marketing, sales, customer success and people. You'll get to work with the fantastic Emily Hughes, James Alderson Smith, Stephanie Deterding and so many others! It's rare to get to build alongside such a thoughtful, high-ownership and low-ego team while also working on something so impactful. If you or someone you know is interested in joining and working at the intersection of climate and fintech, send me a message :)

We’re hiring for a number of new roles at Crux! 🏛Markets & Transactions Principal (Buyside) 📈Senior Manager, Markets & Transactions (Sellside) 📢Growth Marketing Lead 🤝Customer Success 👥 People Operations There is $12B in clean energy tax credit supply live on the platform and more than $6B in bids this year – we’re growing quickly. Help scale a fast-moving #climatetech company and unlock new financing for the energy transition: https://lnkd.in/eeRg8hmr

Crux Senior Advisor Bill Daley joined S&P Global’s Energy Evolution podcast to talk about the historic investments in clean energy manufacturing across the country and the transferable tax credit market’s role in unlocking new financing. Give it a listen for more on: 👷Clean energy investments driving economic growth and job creation 🔋New innovations in technology and energy sources 💡Transferability’s role in sparking private sector innovation https://lnkd.in/gH9b4MpV

We now have $12B in clean energy tax credits live on the platform. Here’s a small selection of the latest credits available on Crux. If you’re interested in any of these credits, or learning more about how to transact your own, get in touch with our team: https://lnkd.in/gnZ_X-CQ

We’re excited to announce our strategic partnership with Arcadia. Our organizations have a shared vision of accelerating the energy transition by enabling key players with data, tools, and infrastructure. Arcadia already delivers great value through its core offerings, and we’re excited to enhance their solutions with access to our platform and robust insights. This partnership will continue to drive greater participation in the rapidly growing transferability market, which Evercore ISI estimates will reach $47 billion in total available transferable tax credits this year. Read more on our new partnership here:  https://lnkd.in/gNyD8Gpj