Global Co-CEO of M&A and Transaction Solutions/Global Head of Tax Aon
Tax equity investors, sponsors, developers, and lenders encounter a wide range of uncertainty as they contemplate developing or investing in renewable energy projects. Many have turned to tax insurance to protect ITC eligible projects against qualified basis challenges. However, insurance capital can be used to address many other types of risks more broadly, including protection against the loss of ITCs for wide-ranging issues spanning structural tax risks, qualification (including safe harbor strategies being challenged), and recapture. In this session, our speaker will discuss how tax credit insurance is strategically used to protect against these wide-ranging issues. Attendees will also hear about how tax credit insurance can complement other transaction solutions, such as representations and warranties insurance, to protect tax equity and M&A acquirers for non-tax representations being false.
