KCE Monetizes Investment Tax Credits Under IRA for 120 MW BESS Projects
The transaction includes a transfer of ITC's three BESS projects in the U.S.
January 9, 2024
/ Storage
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Key Capture Energy (KCE), an energy storage project developer, and Enhanced Capital, an investment firm, entered a deal to transfer investment tax credits (ITCs) to a third party with immediate monetization for three of KCE’s operating standalone battery energy storage projects with a nameplate capacity of 120 MW.
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