With so many new market entrants, specifically driven by YieldCo and PE sponsor cash flow necessities, traditional tax equity investors are nearing capacity. Guided by in-depth experience in all major tax equity structures, we have placed tax equity for more than 3.3GW of solar and wind assets with an estimated value of $3.7 billion. In addition, we have raised $1.5 billion in debt financing since 2010. Our team also has transaction expertise in placing tax equity for a variety of renewable energy projects, including biomass facilities and geothermal plants. In all of our transactions, we focus on preserving cash benefits and upside opportunities while simultaneously maximizing value to the Sponsor.