June 18, 2018 In: In The News, M&A Advisory

Picking Winners in the Evolving Renewable Project M&A Landscape It’s both an exciting and tricky time to be a developer, owner or investor of renewable energy projects. The market is increasingly attractive to more players, but factors such as tariffs and the new tax law have also muddied the waters. CohnReznick and GTM dissect some of the hottest topics that industry players contemplate when evaluating buying and selling solar and wind assets, as well as the current and future M&A landscape. In addition to the consideration of a host of standard and technical aspects, competitive valuation of renewable energy assets for M&A transactions increasingly depends on a deep knowledge of financial accounting and tax considerations, from DRO to BEAT. But that’s just the beginning. This white paper evaluates the most salient topics in the industry today that can make or break renewable project deals. To download the white paper,...

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The U.S. wind energy industry is poised for an aggressive upward trajectory over the next 5-10 years, driven by ambitious announcements in offshore wind and buoyed by sustained interest in onshore developments. Major capital investment will be targeting U.S. wind assets and projects in the very near future.

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June 15, 2018 In: In The News, Project Finance, Tax Equity

Nick Knapp speaks with Fotios Tsarouhis at Power Finance & Risk in part one of a three part series about his time so far as President, as well as his thoughts on renewable energy, project finance and overall market trends in solar, wind and storage. Read Part One of this Q&A piece by clicking here.

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Recurrent Energy, a wholly owned subsidiary of Canadian Solar Inc. (“Canadian Solar”) (NASDAQ: CSIQ), announced that it has closed on debt and tax equity financing for a 102 MW-DC/74.8 MW-AC project in North Carolina. The NC 102 project is currently under construction in Cabarrus County, in the South-Central part of the state, and Recurrent Energy expects to put the plant online in the third quarter of this year. CohnReznick Capital was pleased to have advised Canadian Solar in the financing of the NC 102 project. This was the third such successful financial advisory engagement with Canadian Solar. Prudential Capital Group will provide a $107 million debt facility, and the U.S. Bancorp Community Development Corporation (USBCDC) is making a tax equity investment under a separate agreement. To read the full press release, click here.

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Congratulations to all the winners of this year’s Power Finance & Risk Awards. CohnReznick Capital is #CohnReznickProud to have been awarded three new awards: Tax Equity Advisory Firm of the Year (2017) CohnReznick Capital North America M&A Deal of the Year (2017) AES Corp. & AIMCo — Acquisition of sPower Sell-side Financial Advisor: CohnReznick Capital North America Renewables Project Finance Deal of the Year (2017) sPower — Wind and Solar Portfolio Private Placement Financial Advisor: CohnReznick Capital For more information on all the awards and their winners, click here. We thank our industry colleagues and clients for this honor and continue to look forward to breaking through new opportunities to advance the U.S. renewable energy industry.

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