Solutions / Capital & Tax Credits
From Structured to Funded.
De-risking a project makes it fundable. Completing the capital stack makes it built. We design the financing, open our institutional network, and monetize the tax credits that close the gap.
Completing the Stack
A de-risked project still has to be financed. That’s the last mile — and it’s where deals stall.
Transferring technology risk and securing revenue make a project bankable. But bankable isn’t built. The capital still has to be assembled: the right debt, the right equity, the right incentives, from the right sources, on terms that close. This is the work of the capital stack — and it’s where a developer without the right relationships and structuring can watch a fundable project quietly stall. We complete it.
Capital Structuring
We design the financing, then bring it to the institutions built to fund it.
We structure the full capital stack — senior debt, mezzanine, tax equity, and sponsor equity — to fit a project’s specific risk profile and the incentives available to it. Then we open our institutional placement network: the banks, infrastructure funds, family offices, and specialty investors who understand climate infrastructure and price sophisticated, well-structured risk correctly. A project that’s been properly de-risked reaches these investors as an opportunity, not a problem.
Monetizing Clean-Energy Incentives
The tax credits your project earns are only valuable if you can turn them into capital.
Clean-energy projects generate substantial federal tax credits — investment credits, production credits, and technology-specific incentives. For most developers, those credits are worth far more sold or transferred than carried. Edge originates and structures these transactions, bringing the risk-transfer expertise to insure and protect the credits’ value. Execution runs through a licensed broker-dealer partner, and the credits are placed and transferred through established credit-transfer counterparties — so a developer gets a clean, structured, and protected monetization without needing to build that machinery in-house.
Structured well, a tax credit stops being a line item a developer hopes to use someday and becomes near-term capital that helps fund construction now.
A 180 MW solar-plus-storage portfolio had strong fundamentals but an equity-heavy stack and unmonetized investment tax credits holding projected returns roughly 300 basis points below target.
We redesigned the capital stack to introduce tax equity, monetized the ITC into near-term construction capital, and placed the debt with an institutional lender.
The financing closed with an improved return profile and a lower blended cost of capital.
Have a project that’s fundable in principle but not yet funded in fact?
That last mile is exactly where we work.