Schneider Electric and Engie invest in Texas clean energy projects using Inflation Reduction Act's tax credit transfer feature.
Schneider Electric and Engie are utilizing the Inflation Reduction Act's tax credit transfer feature to invest in clean energy projects in Texas. This new method allows companies to buy tax credits without ownership, potentially attracting more investors and supporting the growth of renewable energy projects, contributing to decarbonization goals. The companies have previously collaborated on distributed energy resources projects since 2017.
February 20, 2024
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