Your advisor for complex clean energy capital transactions.

Crux advises and runs the process on your transaction, whether you're raising capital or deploying it.

230+

transactions executed

$85B+

proprietary transaction dataset

30%+

faster deal execution

$100B+

in team transaction experience

230+

transactions executed

$85B+

proprietary transaction dataset

30%+

faster deal execution

$100B+

in team transaction experience

230+

transactions executed

$85B+

proprietary transaction dataset

30%+

faster deal execution

$100B+

in team transaction experience

What we advise on

We advise on both sides of the transaction, and coordinate tax equity & preferred equity alongside.

Billions in transactions, across the entire capital stack.

All
Transferable tax credits
Debt
Tax & preferred equity
$15M
C&I solar
Franklin Park
Transferable tax credits
C&I solar
2024
ITC
C&I solar
$17.4M
Biogas / RNG
Renewable natural gas developer
Transferable tax credits
Biogas / RNG
2024
ITC
Biogas / RNG
$17.7M
Community solar
Community solar developer
Transferable tax credits
Community solar
2024
ITC
Community solar
$20M
Residential solar and storage
Clean energy investment firm
Transferable tax credits
Residential solar and storage
2024
ITC
Residential solar and storage
$21.7M
Electrochromic windows
Major commercial real estate owner & developer
Transferable tax credits
Electrochromic windows
2024
ITC
Electrochromic windows
$22.3M
EV chargers
Fortune 500 electric vehicle & clean energy company
Transferable tax credits
EV chargers
2024
ITC
EV chargers
$22.3M
Residential solar and storage
Residential solar company
Transferable tax credits
Residential solar and storage
2024
ITC
Residential solar and storage
$22.4M
Residential solar
Global alternative asset manager
Transferable tax credits
Residential solar
2024
ITC
Residential solar
$22.5M
Biogas / RNG
Dairy biogas / RNG developer
Transferable tax credits
Biogas / RNG
2024
ITC
Biogas / RNG
$30M
45X advanced manufacturing
EPC Power
Transferable tax credits
45X advanced manufacturing
2024
PTC
45X advanced manufacturing
$32M
45X advanced manufacturing
Metal manufacturing company
Transferable tax credits
45X advanced manufacturing
2024
PTC
45X advanced manufacturing
$38.7M
C&I solar, Utility solar
Renewable energy investment manager
Transferable tax credits
C&I solar, Utility solar
2024
ITC
C&I solar, Utility solar
$38.7M
Battery storage
Battery storage developer & operator
Transferable tax credits
Battery storage
2024
ITC
Battery storage
$40.5M
Community solar
Community solar developer
Transferable tax credits
Community solar
2024
ITC
Community solar
$47.7M
Onshore wind
Publicly traded energy utility holding company
Transferable tax credits
Onshore wind
2024
PTC
Onshore wind
$50M
Nuclear
Fortune 500 power generation & nuclear operator
Transferable tax credits
Nuclear
2024
PTC
Nuclear
$50M
45X advanced manufacturing
Publicly traded solar technology manufacturer
Transferable tax credits
45X advanced manufacturing
2024
PTC
45X advanced manufacturing
$50M
Residential solar and storage
Residential solar company
Transferable tax credits
Residential solar and storage
2024
ITC
Residential solar and storage
$50M
Utility solar
Solar panel manufacturer
Debt — Debt facility
Utility solar
2024
PTC
Utility solar
$56.3M
C&I solar, Community solar, Battery storage, QAEP
Fortune 500 global financial services firm
Transferable tax credits
C&I solar, Community solar, Battery storage, QAEP
2024
ITC
C&I solar, Community solar, Battery storage, QAEP
$68M
Utility solar, Battery storage
Utility-scale clean energy developer
Transferable tax credits
Utility solar, Battery storage
2024
ITC
Utility solar, Battery storage
$68.5M
Utility solar, Battery storage
Renewables & storage developer / operator
Transferable tax credits
Utility solar, Battery storage
2024
ITC
Utility solar, Battery storage
$80.5M
Onshore wind
Utility provider
Transferable tax credits
Onshore wind
2024
PTC
Onshore wind
$82.5M
Utility solar
Utility provider
Transferable tax credits
Utility solar
2024
ITC
Utility solar
$82.5M
45X advanced manufacturing
SolarEdge
Transferable tax credits
45X advanced manufacturing
2024
PTC
45X advanced manufacturing
$88M
Utility solar, Battery storage
174 Power Global
Transferable tax credits
Utility solar, Battery storage
2024
ITC
Utility solar, Battery storage
$92.2M
Community solar, Battery storage
Investment-banking arm of a global bank
Transferable tax credits
Community solar, Battery storage
2024
ITC
Community solar, Battery storage
$112M
Residential solar and storage
Residential solar company
Transferable tax credits
Residential solar and storage
2024
ITC
Residential solar and storage
$115M
Battery storage
Privately held artificial intelligence & data center company
Transferable tax credits
Battery storage
2024
ITC
Battery storage
$200M
45X advanced manufacturing
SolarEdge
Transferable tax credits
45X advanced manufacturing
2024
PTC
45X advanced manufacturing
$200M
Nuclear
Fortune 500 power generation & nuclear operator
Transferable tax credits
Nuclear
2024
PTC
Nuclear
$936K
C&I solar
Clean energy investment fund (community & commercial solar)
Transferable tax credits
C&I solar
2023
ITC
C&I solar
$1.6M
Utility solar, Battery storage
ClearGen
Transferable tax credits
Utility solar, Battery storage
2023
ITC
Utility solar, Battery storage
$2.5M
EV chargers, Battery storage, C&I solar
Distributed energy investment firm
Transferable tax credits
EV chargers, Battery storage, C&I solar
2023
ITC
EV chargers, Battery storage, C&I solar
$3.5M
Battery storage, Utility solar
Solar & storage developer
Transferable tax credits
Battery storage, Utility solar
2023
ITC
Battery storage, Utility solar
$4.0M
Battery storage
Battery storage developer
Transferable tax credits
Battery storage
2023
ITC
Battery storage
$4.6M
Biomass, Biogas / RNG
Landfill gas / RNG developer
Transferable tax credits
Biomass, Biogas / RNG
2023
ITC
Biomass, Biogas / RNG
$4.9M
Onshore wind
Regulated electric & gas utility
Transferable tax credits
Onshore wind
2023
PTC
Onshore wind
$5.9M
EV chargers
Rivian
Transferable tax credits
EV chargers
2023
ITC
EV chargers
$6.0M
Hydropower
Hydropower operator
Transferable tax credits
Hydropower
2023
ITC
Hydropower
$8.0M
Biogas / RNG
Boutique clean energy investment & advisory firm
Transferable tax credits
Biogas / RNG
2023
ITC
Biogas / RNG
$9.1M
Geothermal
Global commercial real estate firm
Transferable tax credits
Geothermal
2023
ITC
Geothermal
$10.8M
45X advanced manufacturing
Solar module manufacturer
Transferable tax credits
45X advanced manufacturing
2023
PTC
45X advanced manufacturing
$12M
Biogas / RNG
Renewable natural gas developer
Transferable tax credits
Biogas / RNG
2023
ITC
Biogas / RNG
$12.5M
Biogas / RNG
Boutique clean energy investment & advisory firm
Transferable tax credits
Biogas / RNG
2023
ITC
Biogas / RNG
$20M
45X advanced manufacturing
EPC Power
Transferable tax credits
45X advanced manufacturing
2023
PTC
45X advanced manufacturing
$22.2M
Battery storage
Battery storage developer & operator
Transferable tax credits
Battery storage
2023
ITC
Battery storage
$28M
Community solar
Community solar developer
Transferable tax credits
Community solar
2023
ITC
Community solar
$32.1M
45X advanced manufacturing
Clean energy manufacturing company
Transferable tax credits
45X advanced manufacturing
2023
PTC
45X advanced manufacturing
$36M
Utility solar
Publicly traded electric & gas utility
Transferable tax credits
Utility solar
2023
ITC
Utility solar
$38.3M
Onshore wind
Publicly traded energy utility holding company
Transferable tax credits
Onshore wind
2023
PTC
Onshore wind
$1.7M
Community solar
Sunray Power
Transferable tax credits
Community solar
ITC
Community solar
$4.5M
C&I solar, Community solar
Cloudbreak Energy
Debt — Development loan
C&I solar, Community solar
C&I solar, Community solar
$27.5M
Renewable energy investment & asset management firm
Debt — Safe harbor loan
$57M
Community solar
Community solar developer
Transferable tax credits
Community solar
ITC
Community solar

Who we serve

We advise on and run your transaction through one coordinated process, backed by proprietary intelligence, transaction technology, and the market's deepest relationships.

For developers, manufacturers, and sponsors

Run your raise as a targeted process or a full mandate — one coordinated process across all of your capital needs, from strategy to execution.

For institutional investors and tax credit buyers:

Reduce your effective tax rate: Access transferable tax credit advisory with market intelligence, counterparty vetting, diligence, and legal and insurance coordination through execution.

For developers, manufacturers, and sponsors

Run your raise as a targeted process or a full mandate — one coordinated process across all of your capital needs, from strategy to execution.

For institutional investors and tax credit buyers:

Reduce your effective tax rate: Access transferable tax credit advisory with market intelligence, counterparty vetting, diligence, and legal and insurance coordination through execution.

Led by a team with $50B+ in transaction experience across tax, project finance, and credit.

John DeRosa

John DeRosa

Head of Tax Credit Markets
James Wright

James Wright

Head of Commercial
Jim Alderson-Smith

Jim Alderson-Smith

Managing Director
Stephanie Deterding

Stephanie Deterding

Managing Director, Head of Tax Investor Coverage
Jessie Robbins

Jessie Robbins

Managing Director
Tara Desai

Tara Desai

Managing Director
Keith Pettus

Keith Pettus

Managing Director, Tax Investor Coverage
James Turnbull

James Turnbull

Senior Principal
Matthew Bartlett

Matthew Bartlett

Senior Principal
John DeRosa
10M Invested

John DeRosa

Head of Tax Credit Markets
James Wright
10M Invested

James Wright

Head of Commercial
Jim Alderson-Smith
10M Invested

Jim Alderson-Smith

Managing Director
Stephanie Deterding
10M Invested

Stephanie Deterding

Managing Director, Head of Tax Investor Coverage
Jessie Robbins
10M Invested

Jessie Robbins

Managing Director
Tara Desai
10M Invested

Tara Desai

Managing Director
Keith Pettus
10M Invested

Keith Pettus

Managing Director, Tax Investor Coverage
James Turnbull
10M Invested

James Turnbull

Senior Principal
Matthew Bartlett
10M Invested

Matthew Bartlett

Senior Principal

A modern approach to clean energy capital

Every mandate draws on proprietary transaction data and modern infrastructure — the intelligence and technology behind how we price, structure, and execute.

Crux helps customers navigate a complex market

Further insights on clean energy investing

Explore the latest research, analysis, and conversations.

Ready to raise
or deploy capital?