Call Today: 844.825.4337

Tax Credit Marketplace Renewable Energy Division Announces Closing of 2024 Annual Fund

Tax Credit Marketplace, LLC (“TCM”) announces the closing of its 2024 Renewable Energy Fund. The fund is TCM’s 12th fund and the first for the Renewable Energy division.

"Our team works closely with energy property developers to syndicate their tax credits and offers convenient access for accredited investors seeking federal tax credits," said Josh Workman, CEO, Tax Credit Marketplace, LLC. "This fund provided renewable energy firms and developers with a single source to monetize their tax credits while also providing our federal investors with a single source for Investment Tax Credits (ITCs) research as an investment vehicle.” 

These transferable ITCs were made possible with the passage of the Inflation Reduction Act (IRA) of 2022 and increased the number of qualifying energy properties and credit amounts. These renewable energy tax credits allow investors to diversify across numerous projects nationwide while receiving a competitive return. A typical investor is either an individual with substantial passive income or a qualifying corporation. These credits aim to accelerate the transition to sustainable energy, reduce emissions, and promote energy independence.