Covering the new frontiers of the energy transition
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February 19 – 12:00 pm – 1:00 pm
Virtual

How tax credit transfers are reshaping energy finance

Watch Recording

New research from Crux reveals how transferable tax credits are driving a surge of domestic investments, from battery manufacturing to nuclear.

About

In its first full year of existence, the U.S. clean energy tax credit transferability market has fueled an estimated $30 billion in market activity — driving diverse investments in U.S. energy infrastructure. This Frontier Forum, hosted by Latitude Media and Crux, will examine the market dynamics and trends driving this rapid growth, particularly in regions with rising energy demand. 

For an insider’s view on the market, join us as we unpack Crux’s 2024 Transferable Tax Credit Market Intelligence Report, which reveals new data on how tax credit transferability is accelerating investment in energy and manufacturing. We’ll look at the key dynamics shaping the transferability market’s growth through 2025 and beyond, including: 

  • Which technology categories grew and declined in 2024, and the outlook for 2025
  • Why PTC and ITC pricing remained strong even as market volume exceeded expectations
  • How forward commitments are evolving, with buyers now securing credits for 2026 and beyond
  • The sophisticated risk management approaches being employed by market participants
  • Geographic trends in clean energy development, particularly in regions experiencing high load growth

Join Crux CEO Alfred Johnson; Crux Managing Director of Markets & Transactions Stephanie Deterding; and Timmi Kloster, Sr. Vice President of Tax Credit Syndications at U.S. Bancorp Impact Finance, as they dissect the data and provide crucial insights on this rapidly evolving landscape.

Can’t join the event live? Register to receive a recording after the event.

Who should watch:

  • Tax credit sellers
  • Tax credit buyers
  • Tax advisory firms
  • Syndicators
  • Project financiers + banks
  • Investors
  • Policymakers
  • Regulators
  • Consultants + policy advisors
Watch the recording:
FEATURED SPEAKERS
  • Maeve Allsup

    Latitude Media

    Maeve Allsup

    Senior Reporter

    Latitude Media

    Connect via:

    Maeve Allsup is Latitude Media’s founding reporter. She was previously a tech reporter at Morning Brew, where she covered tech policy and regulation, as well as the EV industry. Earlier in her career she spent several years as a legal reporter, covering California’s courts for Bloomberg Industries, where she broke news about Activision Blizzard, Google, Uber, and others.

    Before moving to California, Maeve lived in Santiago, Chile for several years where she created content for an international education company and worked as a freelance journalist.

    Maeve studied International Relations at American University in Washington, D.C., where she specialized in environmental policy and conflict resolution. She is based in San Francisco.

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  • Alfred Johnson

    Crux

    Alfred Johnson

    CEO & Co-founder

    Crux

    Connect via:

    Alfred Johnson is Co-Founder and CEO of Crux, the sustainable finance technology company changing the way clean energy and manufacturing projects are financed in the U.S. The company’s first offering is the platform for buyers, sellers, and intermediaries to transact and manage transferable tax credits.

    Before founding Crux, Alfred served as Deputy Chief of Staff of the US Department of the Treasury. Prior to Treasury, Alfred was Co-Founder and CEO of Mobilize, the events management platform and network acquired by EveryAction in 2020.

    Earlier in his career, Alfred was a Vice President in Financial Markets Advisory at BlackRock, Senior Advisor for Financial Markets at the US Treasury, and Special Assistant to the White House Chief of Staff.

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  • Stephanie Deterding

    Crux

    Stephanie Deterding

    Managing Director, Markets & Transactions

    Crux

    Connect via:

    Stephanie Deterding is a Managing Director on the Markets & Transactions Team at Crux where she leads the company’s support of buyers of transfer credits. Prior to joining Crux, Stephanie was a Managing Director at Twain Financial Partners. Her responsibilities included sourcing capital, structuring, negotiating, and closing tax credit, debt, and securitization transactions. Prior to joining Twain Financial Partners, she was a tax credit and real estate finance attorney where she represented equity investors, developers, lenders, and allocatees in a variety of financing matters involving federal, state, and local tax credit incentives. Before practicing law, she obtained her license as a certified public accountant while working at EY, where she gained corporate and partnership taxation experience at the federal and state levels. She received her J.D. from St. Louis University School of Law. and her B.A. in Accounting and Economics from Loyola University Chicago. She is licensed to practice law in Missouri.

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  • Timmi Kloster, US Bank
    Timmi Kloster

    U.S. Bancorp Impact Finance

    Timmi Kloster, US Bank

    Timmi Kloster

    Sr. Vice President of Tax Credit Syndications

    U.S. Bancorp Impact Finance

    Connect via:

    Timmi Kloster is a Sr. Vice President of Tax Credit Syndications with U.S. Bancorp Impact Finance (“USBIF”) where she focuses on renewable energy Syndications.  Timmi is responsible for sourcing third party investors to buy renewable energy tax credits from USBIF. She manages all aspects of the relationship with renewable energy investors, many of which are Fortune 500 companies and large financial institutions. She also leads and assists with efforts to explore new Syndications platforms, products and revenue opportunities for USBIF, most recently with transferability under the Inflation Reduction Act.  As a member of the USBIF Syndications team since 2015, Timmi has helped raise over $8 billion in third party equity across over 150  renewable energy transactions with over 50 third party investors.  Prior to working at USBIF, Timmi was an attorney practicing transactional law with a focus on real estate, finance, corporate and commercial lending transactions.

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event details

Wednesday, February 19

12:00PM – 1:00PM ET

Latitude Media Frontier Forums are live, interactive conversations and presentations that showcase frontier trends in clean energy and climate technology. These virtual events feature timely, in-depth conversations between leading voices in the industry and Latitude Media’s Stephen Lacey, as well as interactive Q&A sessions with attendees.

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