CRC-IB Advises Dimension on Tax Credit Transfer Agreement for 122MWdc Distributed Generation Portfolio
CRC-IB has advised leading community solar developer Dimension Energy (Dimension) on the successful execution of an ITC transfer for a 122MWDC distributed generation solar portfolio, with the purchase of 100% ITC by a Fortune 500 company.
CRC-IB served as Dimension’s exclusive financial advisor on the transaction.
“Dimension continues to lead the way in advancing community solar across the U.S.,” said Conor McKenna, CRC-IB Partner & Senior Managing Director. “We’re pleased to support them in navigating the unique complexities of DG solar and positioning their projects for long-term success.”
For more information on this transaction, please contact Conor McKenna.
About Dimension Energy
Dimension Energy is a leading community solar developer, owner, and operator. Dimension has executed more than 600 megawatts (MW) of community solar since its 2018 founding. The company plans to invest over $3 billion over the next 5 years, will have more than 800 MW in pre-construction-to-operations by the end of 2025, and 3.5 GW under development across 13 markets. In the communities where we invest, our projects deliver clean energy, local jobs, tax revenue, and savings, alongside other benefits including workforce development and educational opportunities. Dimension is making clean energy work for everyone. Learn more at www.dimension-energy.com.
