Build the future of clean energy with 48fund.
48fund provides developers in the US with non-dilutive, clean energy tax credit financing at project inception.
Get the financing you need. Keep your equity.
We utilize new provisions in section 48 of the US tax code to write checks for renewable energy developments in return for their realized or unrealized investment tax credits.
Simple structure with cash upfront
We give you cash upfront for the right to purchase your tax credit once your project is completed. The size of our check depends on the size of your project’s ITC. Typically, we target projects in the $5m to $50m range.
Fast, easy diligence process
We started 48fund to help developers do what they do best: build. We want to spur the next generation of renewable energy investments by making it easier than ever to secure the necessary project financing. We keep the diligence process light and partner with you throughout the development process.
World-class renewable energy tax and development expertise
Our inhouse team of experts on renewable energy development and the section 48 tax code will support you along the way.
No complicated tax equity structure
Tax equity is complicated and comes with enormous overhead that make it nearly impossible to implement for smaller developers. Our lend-against-ITC model will feel like a breeze and simplify your capital stack.
What We Offer
Explore services
Developer Financing
Whether it’s financing your next development or selling existing investment tax credits, we’ve got you covered.
Tax Credits for Sale
Thanks to the Inflation Reduction Act, clean energy tax credits can now be sold in a much simpler manner. 48fund offers buyers a seamless and low-risk solution to obtain these credits, resulting in reduced federal tax liability while simultaneously fostering the growth of the clean energy industry.
Transferability and Tax Expertise
Our expert financial, legal, and tax advisors work closely with developers from project inception, optimizing transferable tax credit value, securing efficient development financing, and simplifying transactions
Years of Expertise
420
Our Difference
What Makes 48fund Different?
Expert Tax Advisory
Fast, Easy Diligence Process
Personalized Deals and Solutions
Efficient Financing Solutions
Credit Valuation & Brokerage
Cash Upfront
Comprehensive Project Support
Regulatory Compliance and Marketing Intelligence
Deals Between $5m and $50m
Funding projects of all types.
Solar
Wind
Biomass
Hydrogen
EV Charging
and more...
How It Works
We facilitate seamless access to tax-efficient financing for green projects throughout the development process, streamlining the transaction and funding procedures.
Step 1: Tell us about your project
Share the vision and details of your green initiative, allowing us to understand its scope, impact, and requirements.
Step 2: We determine bridge loan size and perform due diligence
Our team assesses your project's financial needs and conducts a comprehensive review to ensure viability and sustainability.
Step 3: We write you a bankable check to help close out your capital stack
We provide the necessary funding to fill any gaps in your project's finances, enabling you to move forward with confidence.
Step 4: You deploy funds to develop the clean energy project
Utilize our funding to bring your renewable energy solutions to life, contributing to a greener planet.
Step 5: We provide ongoing support and expertise through buildout of your project
Our commitment extends beyond financing, offering guidance and technical support throughout the project's development.
Step 6: We capture investment tax credit in lieu of loan repayment. You keep the equity.
Benefit from a unique repayment structure where tax credits offset the loan, preserving your project's equity.
Testimonials
Hear from our partners
Anthony Donato, CEO, Donato Solar
“48fund partnered with us from the beginning to create a structure that allowed us to take on less debt, deliver the project on time, and sell $10M in ITCs minimal discount.”
James Wolf, CEO, Greenloop Energy
“The team at 48fund expertly guided us through the process of securing non-dilutive debt financing, effectively completing our capital structure. Their consistent support and deep industry insights significantly contributed to the success of our project.“
Size of ITC Market
$650b
US Renewable Energy Growth in 2023
520%
Deals < $50m
9800+
The number of clean energy developments in the United States have exploded since the Inflation Reduction Act enabled tax credit transferability.
Interested in working with us?
Visit
233 South Wacker Drive Suite 4400Chicago, IL 60606
Call
+1.773.482.0028
info@48fund.com