Crux

Our very own James Alderson Smith and Jacob Wolf are partnering with Summit Ridge Energy and Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates for a webinar on alternative tax credit monetization structures and strategies. Join us on Tuesday, March 25 at 1 pm ET to discuss: ➡️ Expert perspectives from the tax credit market. ➡️ Trends impacting tax credit pricing. ➡️ Innovative transaction structures to monetize tax credits. Save your seat: https://lnkd.in/gxjjMMAd

Please join us in welcoming Kyle Eisenmann to the Crux team as senior manager, capital markets. Kyle brings a wealth of experience in infrastructure debt and will help to build out Crux's new debt marketplace offering. On his decision to join Crux, Kyle said, "I joined Crux to be on the cutting edge of capital markets, utilizing technology to make clean energy and manufacturing finance more efficient, transparent, and interconnected. I am excited to leverage my background in project finance to build a platform that adds value for developers, lenders, and investors alike." Welcome, Kyle — we're so glad you're here!

Catch Crux co-founder and CEO Alfred Johnson's panel discussion next week at the Infocast Solar + Wind Finance & Investment Summit. Can't make it to to Tuesday's event? Stop by the Valley Room in the Arizona Biltmore to say hi to the Crux team — we'll be there from March 16–19!

Reminder: Join us tomorrow at 12 pm ET for a panel discussion on the state of clean energy capital. Hear Crux co-founder and CEO Alfred Johnson in conversation with: ➡️ Elena Maria Millerman, Partner at Davis Polk & Wardwell LLP ➡️ Daniel Fuchs, Managing Director, Head of High Yield Infrastructure Debt at BlackRock ➡️ Nicholas Sarro-Waite, CFA, Associate Director - Originator Metals & Energy at Macquarie Group ➡️ Andrew Hsiung, Capital Markets Lead at Crux They'll discuss trends in energy project finance and lending, emerging structures for energy and manufacturing finance, and costs of capital in energy project finance. Grab your spot! https://lnkd.in/gncnxN5A

"We had a flurry of activity at year end, in particular. We had a lot of 2024 deals that closed prior to December 31, and things have not slowed down at all. If anything, I think things have actually ticked up again. I think buyers realize that this is a viable tax-planning strategy." Brandon Hill, ESQ., CPA, principal and leader of Energy Tax Services at CLA (CliftonLarsonAllen), joined Crux recently to discuss how buyers are approaching transferable tax credits in 2025.

Headed to Infocast Solar Power Finance & Investment next week? Join us for one-on-one consultations with project strategy leaders over complimentary lunch. Speak with experts from: ➡️ CLA (CliftonLarsonAllen): Enhance your tax and accounting strategies ➡️ CAC Group: Explore cutting-edge trends and emerging standards in insurance ➡️ Empact Technologies: Navigate the complexities of prevailing wage and apprenticeship (PWA) ➡️ Crux: Discuss personalized strategies to strengthen your project's capital stack Spaces are limited — reserve your spot: https://lnkd.in/esquQcz7

We are delighted to welcome Hasan Nazar as Crux's head of policy. Hasan brings a wealth of experience, including nearly a decade leading Tesla's federal policy advocacy program as well as serving at the U.S. Department of Energy (DOE). In his new role, he'll provide valuable insights to support market participants in an evolving policy landscape. On the decision to join Crux, Hasan said, “Throughout my career, I have focused on advancing policies that align decarbonization with economic progress. At this critical moment of rapidly growing energy demand, Crux is driving that vision forward through its innovative platform. I am thrilled to join their efforts to help catalyze an era of American clean energy dominance.” Please join us in welcoming Hasan!

Join Crux next Friday for a panel discussion on the state of clean energy capital. Hear insights from Alfred Johnson, Andrew Hsiung, Daniel Fuchs, Nicholas Sarro-Waite, CFA, and Elena Maria Millerman as they discuss both the challenges that capital raises present for developers and manufacturers — balancing different types of capital from a wide variety of investors or lenders — and the opportunities that lenders and investors have to partner with them. Register: https://lnkd.in/gXNAMbRK

Excited for Crux to go multi-asset class with the launch of their debt marketplace!

Exclusive: Crux is offering a new marketplace for clean energy debt products beyond transferable tax credits, including development, construction, and bridge loans. The goal: a one-stop-shop for developers and manufacturers seeking financing at any stage in the project timeline — and for the lenders seeking projects to get behind. The platform has been operating in beta for many months already, CEO Alfred Johnson told Latitude Media, with roughly 80 companies using the new marketplace. Today, it has more than $300 million of loans under negotiation, and lenders have issued more than $1 billion worth of term sheets. https://lnkd.in/eeE-wMgu