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Green project financing and incentives are an untapped resource for capital improvement projects. ThinkForward often works with our clients to procure energy-related funding, grants, direct rebates, and tax credits, including the latest federal resources available through the Inflation Reduction Act.
We begin by evaluating your sustainability goals and financial modeling, which leads to recommendations for pursuing both local and national energy funding and incentives. Significantly, we will illustrate specifically how these enhancements financially work and fit into your capital stack.
ThinkForward can propose strategies for managing the performance risk of energy assets, effectively ensuring that energy savings will materialize for your project.
In addition to outlining eligibility and compliance requirements for each selected funding opportunity, we determine what exactly will be your return on “green” investment, or your Energy ROI.
For example, accurately calculating investment returns involves the cost of equipment relative to the benefit of incentive and energy savings. We also evaluate the ROI from specific green technologies and sustainability strategies.
Whether economic development is local, social work, or green, the “certainty” of achieving the incentives must be carefully evaluated. To that end, we offer our clients recommendations for the incentives’ inclusion into the formal underwriting for financing closing or for holding the incentives as a future hedge to reduce a deferred development fee.
• New York Green Bank (NYGB)
• New York Commercial Property Assessed Clean Energy (CPACE)
• New York City Energy Efficiency Corporation (NYCEEC)
• Section 48 Renewable Energy Investment Tax Credits: Direct Pay, Transferability, Bonuses
• Section 30C Tax Credit for EV Charging Stations
• Section 179D Tax Deduction for Energy Efficient Buildings
• Section 45L "New Energy Efficient Home" Tax Credit
• Section 134 to the Clean Air Act, Greenhouse Gas Reduction Fund
• NYSERDA
• Con Edison
• National Grid
Green project financing and incentives are an untapped resource for capital improvement projects. ThinkForward often works with our clients to procure energy-related funding, grants, direct rebates, and tax credits, including the latest federal resources available through the Inflation Reduction Act.
We begin by evaluating your sustainability goals and financial modeling, which leads to recommendations for pursuing both local and national energy funding and incentives. Significantly, we will illustrate specifically how these enhancements financially work and fit into your capital stack.
ThinkForward can propose strategies for managing the performance risk of energy assets, effectively ensuring that energy savings will materialize for your project.
In addition to outlining eligibility and compliance requirements for each selected funding opportunity, we determine what exactly will be your return on “green” investment, or your Energy ROI.
For example, accurately calculating investment returns involves the cost of equipment relative to the benefit of incentive and energy savings. We also evaluate the ROI from specific green technologies and sustainability strategies.
Whether economic development is local, social work, or green, the “certainty” of achieving the incentives must be carefully evaluated. To that end, we offer our clients recommendations for the incentives’ inclusion into the formal underwriting for financing closing or for holding the incentives as a future hedge to reduce a deferred development fee.
• New York Green Bank (NYGB)
• New York Commercial Property Assessed Clean Energy (CPACE)
• New York City Energy Efficiency Corporation (NYCEEC)
• Section 48 Renewable Energy Investment Tax Credits: Direct Pay, Transferability, Bonuses
• Section 30C Tax Credit for EV Charging Stations
• Section 179D Tax Deduction for Energy Efficient Buildings
• Section 45L "New Energy Efficient Home" Tax Credit
• Section 134 to the Clean Air Act, Greenhouse Gas Reduction Fund
• NYSERDA
• Con Edison
• National Grid
NYC agencies are encouraging investments in IndustrialBusiness Zones (IBZ).This is good news for real estate developers and building owners hoping to attract manufacturing and light industrial tenants through redevelopment of their properties. Financial assistance through the NYCIndustrial Development Agency (NYCIDA) can make a sizeable contribution to most capital stacks.
For many organizations, delaying a project means delaying future success. Tax credits and economic incentives can help fund the next step forward in any mission-driven organization’s growth and evolution. Considering the life line that these programs can represent, let’s take a few moments to understand what incentives are and how to tap into the potential for your company.