Tax equity this year will account for between $14.5bn and $15bn and possibly more in renewables project finance, at least $500m above 2018 when deal volume was a record, as deals surge with federal tax credits winding down.
“We’re seeing 2019 as even larger than 2018 which was a very robust year,” Mit Buchanan, managing director of energy investments at JP Morgan, told the REFF-Wall Street conference here last week organised by the American Council on Renewable Energy (ACORE).
