Green Financing for Your Capital Project

4/23/2024

Smart Additions to Your Capital Stack

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.

ROI for Energy-Related Financing

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. 

About Incentives, in general…

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.

Energy Financing Sources

• New York Green Bank (NYGB)

• New York Commercial Property Assessed Clean Energy (CPACE)

• New York City Energy Efficiency Corporation (NYCEEC)

Federal Tax Credits

• 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

State and Utility Energy Incentives

• NYSERDA

• Con Edison

• National Grid

You Have a Project.
You Have Questions.
You Have a Funding Need.
A 10-minute conversation can go a long way toward answering your questions. We may also be able to connect you to the right resources and people to help you.
Here’s how to connect…
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Insights

Green Financing for Your Capital Project

Smart Additions to Your Capital Stack

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.

ROI for Energy-Related Financing

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. 

About Incentives, in general…

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.

Energy Financing Sources

• New York Green Bank (NYGB)

• New York Commercial Property Assessed Clean Energy (CPACE)

• New York City Energy Efficiency Corporation (NYCEEC)

Federal Tax Credits

• 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

State and Utility Energy Incentives

• NYSERDA

• Con Edison

• National Grid

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Challenge No. 1

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Solutions

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Game Plan

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Results

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