Executing a tax credit transfer transaction creates inter-company collaboration across credit sourcing, diligence, insurance, and deal execution work streams.
At each step of the process, there’s a network of advisors available to help minimize corporate overhead to get corporations to a successful close.
The key external parties are legal, insurance, and accounting, with a market platform aggregating sellers and sellers responsible for negotiating on their behalf with buyers.
- Credit Sourcing: Common Forge partners with a network of developers to aggregate production and investment tax credits, tailored to various tax bills. Pricing, insurance, and indemnity terms vary based on the seller’s size.
- Counsel Selection and Diligence: It is important that the buyer’s counsel is experienced in the transaction, and there’s a deep pool of white-shoe through to boutique law firms that specialize in energy tax credit transaction work. In fact, there’s a strong chance that your company has worked with one of them in the past.
- Insurance: Most buyers seek insurance to cover disallowance and recapture risks. Insurance brokers are responsible for have access to a network of brokers who specialize in these policies, whether purchased by the buyer or seller.
- Transaction Execution: Successful transactions require collaboration among all parties to ensure timely submission of diligence documents, placement of insurance policies, and negotiation of transaction terms that work for both sides, and our software platform functions as a hub to manage documents and tasks.
From credit sourcing to final execution, Common Forge is here to simplify the process and support you every step of the way. Please feel free to reach out with any questions.