Concentro

We are excited to join CLA (CliftonLarsonAllen) next week for a webinar on "Navigating Tax Credit Transferability After the OBBBA". Our Co-Founder & CEO Iñigo Rengifo will be speaking alongside Michael De Prima and Brandon Hill, ESQ., CPA on Thursday, August 28th at 12pm ET. This session will cover:  - The impact of the OBBBA on tax credit transfers.  - Guidance on FEOC and "beginning of construction" safe harboring.  - Key insights for tax, finance, and accounting professionals at corporations, as well as clean energy developers. Register and find more details here: https://lnkd.in/d8DGSETf Find related reading from Concentro on FEOC and the latest treasury guidance on beginning of construction in the comments. #TaxCredits #CleanEnergy #Finance #OBBBA #Concentro

As part of our sponsorship of the Tax Executives Institute's 2025 Annual Conference in San Francisco, Concentro is hosting a golf outing for tax executives on Sunday, October 26th at TPC Harding Park - the legendary course that has hosted the 2020 PGA Championship and other PGA Tour events. Join us for a relaxed round of golf and great conversations with fellow TEI members. Sign up and find more information here: https://lnkd.in/dn6sCeYV #TEI2025 #TaxExecutives #Networking #Concentro #Golf

Treasury just dropped their guidance on beginning of construction qualification for clean energy projects. See a link to our overview of IRS Notice 2025-42 in the comments, but highlights: - 5% spend safe harbor eliminated... except for solar project under 1.5 MW. - Physical work test is now the only way to qualify for most projects. - Not retroactive-- new rules kick in September 2 and previous safe harbor work still qualifies.

Understanding BEAT is tricky. The One Big Beautiful Bill Act (OBBBA) just froze the BEAT rate at 10.5%, which is good news for long-range planning, but it also puts BEAT back on every tax director’s radar. The mechanics are still complicated and clean-energy credits can swing the outcome. Our new guide covers: • A clear snapshot of what OBBBA actually changed in the BEAT rules, and what stayed the same • A walk-through of the BEAT math that shows where large ITCs or PTCs start to trigger a top-up • Considerations for multinationals as they evaluate a clean-energy credit deal Read the full piece here: https://lnkd.in/e4ujzFyn #BEAT #TaxCredits #CleanEnergy #CorporateTax #OBBBA #Concentro

We are happy to share that PR Newswire has spotlighted one of our recent deals: a tax credit transfer of ITCs for an agrivoltaics project in North Carolina. This solar project will support family-owned T&H Farms in offsetting rising energy costs and in building a more sustainable operation for future generations. This transaction shows how the Inflation Reduction Act’s tax credits combined with smart incentives like USDA REAP grants can help farmers access affordable solar. Our team sourced the tax buyer and facilitated the deal end-to-end, enabling the project to unlock capital. Full article linked in the comments below. Reach out if you’re interested in exploring how Concentro can help you monetize tax credits for your DG projects.

With the passage of the “One, Big, Beautiful Bill,” renewable energy developers are rushing to safe harbor projects by beginning construction. But with the stakes higher than ever, understanding exactly what constitutes "beginning of construction" is key-- as well as how upcoming Treasury guidance could change long-standing guidelines. In our latest post, we unpack the evolving safe harbor playbook, key dates to watch for, and the practical steps developers can take to secure their project pipelines. Read it here: https://lnkd.in/eQHA-enq

We first heard of foreign entity of concern (FEOC) restrictions when the House Ways & Means Committee published the first draft of the One  Big  Beautiful  Bill. The devil will be in the details on this one, and it'll be some time before the final guidance is released, but in the meantime checkout our piece on what we know so far. In it, we cover: • The governing two‑level rule at the project and taxpayer level. • Key definitions and what they mean: Prohibited  Foreign  Entity, Specified  Foreign  Entity, Foreign Influenced  Entity. • Key dates everyone needs to be aware of. • Practical steps that project developers and partners can take today. Being aware of FEOC restrictions and taking early action will be key to keeping projects (and credits) on track. Read it here: https://lnkd.in/etQE7ri6 #FEOC #CleanEnergy #TaxCredits #InflationReductionAct #ProjectFinance #Concentro

Our Co-founder Iñigo Rengifo Melia was featured in Solar Energy Industries Association's closing video for the Finance, Tax and Buyers Seminar held in New York. It is great to see the positivity and momentum of the industry reflected in the recap video, in spite of some of the headwinds that we are all facing. We are alreday looking forward to next year's.

The “One, Big, Beautiful Bill” accelerates the sunset of key IRA incentives, and introduces stricter FEOC supply-chain thresholds - while a new executive order signals tougher standards for the long-standing safe-harbor rule. Our overview breaks down which credits end, which survive, and how the timing reshapes project financing strategies. Read the full analysis by Liz, our Head of Clean Energy Finance: Safe Harbor or Stormy Seas? Navigating Trump’s 2025 Rollback of IRA Incentives https://lnkd.in/gCVhYjEY (edited) 

The Concentro team had a great time at the Coalition for Community Solar Access Community Solar Innovation Summit in Denver in June. It was energizing to reconnect with longtime partners and meet new faces, all committed to accelerating community solar, and a strong reminder of how resilient the industry is. Even in the face of regulatory headwinds, developers are adapting and advancing projects, and we’re proud to support this work. On day 1, we spoke on a panel, Software at the Center, on how our platform helps developers access capital and transact more efficiently. Tao laid out how our end-to-end process and AI underwriting technology enable clean energy projects to transfer tax credits, no matter how small or complex. We also teamed up with Banyan Infrastructure to think through the appropriate role of technology in the space - for us, it always comes down to trust.