Foss & Company

Located in downtown Rochester, NY, this 1914 historic building once housed the Neisner Brothers’ popular five-and-dime store, the Arnold and Stern architectural firm, the offices of a former Rochester mayor, James Cutler, and Rochester Gas & Electric Corporation. The Neisner building will be rehabilitated to feature 54 apartments, a resident lounge, a coffee bar, a fitness center, co-workspaces and a dog spa. This project aims to provide needed housing for students attending the Lake Erie College of Osteopathic Medicine Clinical Rotation at Rochester Regional Health. Foss & Company is proud to provide the Federal Historic Tax Equity and NY State Historic Tax Equity for this project. To learn more about this historic project, visit our projects page today: https://bit.ly/3U1hq0V #tax #taxequity #taxcredits #HTC #historicpreservation

The 2024 elections have led to a Republican sweep, which may bring significant changes to the renewable energy tax credit landscape. For tax equity investors and buyers of transferable credits, it's crucial to act quickly, prioritizing 2024 projects to secure full credit benefits before potential phase-downs. In our recent blog from Bryen Alperin, “Post-Election Update: Navigating Renewable Energy Tax Credits in 2024 and Beyond,” he discusses key predictions, strategic recommendations and what the outlook for renewable energy tax credits looks like. To learn more about how to stay ahead of policy shifts and capitalize on emerging opportunities, read our full blog today: https://bit.ly/4eMbnoQ #ttax #taxcredits #taxequity #renewableenergy #cleanenergy #greeninvesting

The Inflation Reduction Act (#IRA) has shaped the way clean energy technologies have evolved over the last few years. It has significantly enhanced the financial viability of projects across solar, wind, energy storage, carbon capture, and more, primarily through the expansion of Investment Tax Credits (ITC) and Production Tax Credits (PTC). Our recent whitepaper with Wood Mackenzie, “Beyond Solar: Uncovering Post-IRA Tax Equity Opportunities in Clean Energy Technologies,” discusses how the #IRA has expanded the range of eligible technologies and provided long-term investment certainty. Read our full whitepaper to dive into the transfer of tax credits, innovative tax equity structures and the growing menu of tax credit generating projects: https://bit.ly/4hZ7Ztc #tax #taxcredits #taxequity #sustainability #renewables #InflationReductionAct

The Methane Reduction and Economic Growth Act is a new bipartisan bill that seeks to expand the existing #45Q carbon sequestration credit to include a provision for capturing methane from mining activities. The bill proposes that methane captured from mining activities, which would otherwise be released into the atmosphere, qualify for the credit. This new bill could present significant opportunities for investors and developers in the clean energy, mining and carbon capture sectors. This will be a new financial incentive for methane capture projects and can help unlock new markets for carbon capture technologies. Foss & Company has over 40 years of experience in monetizing tax credits and the 45Q tax credit is a key piece to the financial model of #CCUS projects. To learn more about this tax credit, contact our team today: https://bit.ly/3cOAM6G To learn more about how the energy tax credit will change as we move into the year 2025, read the full article: https://bit.ly/3UPJKE7 #tax #taxcredit #taxequity #renewables

Foss & Company is proud to sponsor Tax Executives Institute's New Jersey Chapter Seminar on November 21 in Kenilworth, NJ. Vice President of Investments, Olivia Park, will be attending and engaging in an exciting all-day program covering topics on Federal, State and Local tax legislative updates, networking with tax associates and participating in sessions led by expert speakers. To learn more about this event or to connect with Olivia onsite, visit our events page today: https://bit.ly/3YCcvFb #tax #taxcredits #taxequity #taxinvesting

Foss & Company’s continued tax equity partnership with Plus Power has led to the completion of a 200 MW / 400 MWh Battery Energy Storage System (BESS) project located near Edinburg, TX. Anemoi Energy Storage focuses on enhanced grid reliability and enabling renewable energy integration. This portfolio demonstrates our commitment to innovation and sustainability in the renewable energy space and this represents a significant milestone for Foss & Company as it marks our third transferability flip (#T-Flip) transaction on a utility-scale #BESS project. If you’re interested in learning more about Foss & Company’s partnership and collaboration with Plus Power, read our full press release: https://bit.ly/4eLm5g4 #tax #taxcredits #investing #taxequity #ITC #batteryenergystorage #Investmenttaxcredit #sustainability #renewables

Dawn Burgess Lima CDI.D, Foss & Company’s Vice President of Renewable Energy and Sustainable Technologies, will be attending Infocast’s Global Clean Hydrogen: American Production and International Markets Summit in Houston, TX, from November 19-20. This event will provide attendees with the information they need to establish winning strategies for global clean hydrogen markets. Dawn will be speaking on the “Tapping the Tax Equity Market for Hydrogen Projects—Structuring Projects for 45V” panel at 2:45 PM on November 20. She will discuss the 45V guidance and its impact on operational costs, the tax equity and transfer market, and more. To learn more about this event or to meet with Dawn on-site, visit our events page today: https://bit.ly/3ZYaSEe #tax #taxcredit #taxequity #45V #sustainability #Renewableenergy

Foss & Company’s Senior Vice President of Investments, Kevin Haley, attended Tax Executives Institute’s recent 79th Annual Conference in San Antonio, TX. Kevin spoke on the “Transferable Energy Credits: Lessons Learned and Continuing Challenges FED” panel, where he discussed tax credit transfers and how transferability can offer simplicity and flexibility for investors and developers alike. To learn how Foss & Company can open a world of opportunities through the transfer of tax credits, reach out to our team today: https://bit.ly/3cOAM6G #tax #taxcredits #taxequity #transferability #renewables #renewableenergy

Foss & Company is excited to announce Project Viper, our first Distributed Generation (#DG) sized battery project located in Queens, New York. Project Viper consists of a single 4.32 MW/ 17.28MWh standalone storage facility and demonstrates our commitment and the continuing efforts of our renewable energy team to expand our expertise and remain at the forefront of renewable energy solutions. To learn more about this project, visit our projects page today: https://bit.ly/3Nhfv4V #tax #taxcredits #taxequity #sustainability #renewableenergy #BESS

Foss & Company’s #Denver Renewable Energy & Sustainable Technologies crew took their team outing to a whole new level—by hitting up the #Akon and #T-Pain concert at the iconic Red Rocks Amphitheatre in Colorado! They didn't stop there; our Denver team got to hang backstage for an epic meet-and-greet with T-Pain himself. It was an unforgettable night full of great music, fun energy and even better memories. Bryen Alperin, Jennifer Hua, Lewis Fitzpatrick, Annie Amrhein, Barrett Lopez, Brenda C., Rachelle Clark and Ty Diaz #tax #taxcredits #taxequity #Colorado #Teamouting