January 7, 2025

CRC-IB Advises Key Capture Energy on Tax Credit Transfer Agreement for 200MW / 400MWh Battery Storage Projects

CRC-IB has advised Key Capture Energy on the successful execution of an ITC tax credit transfer for two battery energy storage projects, totaling 200MW / 400MWh, located within ERCOT.

 

“The successful transfer of credits offers attractive ITC monetization and further enhances KCE’s ability to scale its renewable energy portfolio,” said Michael Tatarsky, CRC-IB Managing Director. “We’re proud to support KCE with another significant financing and look forward to continuing our collaboration as they deploy grid-critical BESS systems nationwide.”

 

For more information on this transaction, please contact Michael Tatarsky.

About Key Capture Energy

Key Capture Energy is a premier developer, owner, and operator of battery energy storage systems across the United States. Since 2016, KCE has led the industry in creating a resilient electric grid to meet today’s challenges while paving the way for a more sustainable and reliable energy future. KCE has over 620 megawatts (MW) of utility-scale battery energy storage facilities operating today and a development pipeline of over 10,000 MW across the country. Discover how KCE is shaping the energy landscape at keycaptureenergy.com.