tax credit sellers

Selling energy
tax credits.

Convert tax attributes into immediate liquidity.

Under IRC §6418, businesses generating eligible tax credits may transfer those credits to unrelated taxpayers for cash, creating a more direct path to liquidity and capital efficiency.

Exchivo partners with developers, sponsors, manufacturers, and project owners across the clean energy and infrastructure spectrum, from Fortune 50 corporates to early-stage technology manufacturers. Each engagement is grounded in documentation-first diligence designed to withstand IRS examination, producing buyer-ready technical materials at capital markets standards. Exchivo works alongside the seller’s CPA, tax counsel, and operating teams to maintain consistency across reporting, documentation, and execution.

With access to a broad network of investment-grade buyers, each strategy is tailored to the dynamics of the asset, capital stack, timing, and pricing, with counterparty alignment where appropriate. This positioning enables the firm to support clients across single-transaction execution, programmatic purchasing strategies, and ongoing capital advisory throughout a sponsor’s broader project portfolio.

Seller Motivation

Why companies
transfer tax credits.

Tax credit transferability has converted what was previously a non-cash regulatory benefit into a financial instrument that can be priced, sold, and structured. For sellers, the value lies not just in monetization, but in execution — pricing precision, counterparty quality, and certainty of close.

Liquidity

Many sellers generate credits that exceed current tax capacity, leaving them underutilized on the balance sheet. Transferability converts those tax attributes into immediate liquidity.

Reinvestment

Cash today outweighs the benefits of tomorrow. Proceeds from transfers can be redeployed into new project development, operating capital, or expansion, converting a tax attribute into working capital that supports the next phase of growth.

Simplification

Transferability reduces reliance on complex tax equity partnerships, inverted leases, and flip structures, providing a more direct path to monetization with less legal, accounting, and execution overhead.

Carbon Sellers

Where production
becomes capital.

Through project-level diligence and transaction coordination, Exchivo partners with project developers, sponsors, and manufacturers, generating carbon credits across voluntary and compliance markets. From RNG and clean fuels to CCS, biochar, and renewable power, we help support the development, verification, and monetization of environmental attributes.

With a clear understanding of Tier 1 and Tier 2 buyer preferences, Exchivo evaluates spot, option, and offtake structures on an all-in cost basis by vintage, aligning credit supply with buyer demand across varying procurement strategies and investment horizons. The firm serves as a strategic partner in positioning credits for market, incorporating analysis of carbon intensity, registry alignment, project operations, and downstream use cases that resonate with targeted buyers, through to transaction execution.

Whether the objective is a forward-looking multi-year offtake, project-level financing, capital recycling, long-term revenue stability, or immediate liquidity and spot purchases, the structure of the transaction matters as much as the credit itself.

Multi-Year Offtake

Forward-secured revenue.

Long-dated agreements that lock in volume, pricing, and verification standards over a defined term. Structured for project developers seeking financing certainty, capital recycling into new development, and stable forward revenue throughout the project lifecycle.

Spot Sales

Transactional liquidity.

Transaction-based sales of credits as they are generated and independently verified. Suited for projects with established production, mature verification cycles, and operators preferring ongoing price discovery against current market dynamics.

Asset Class Scope