Concentro operates a platform that facilitates the transfer and financing of tax credits, primarily for distributed generation (DG) projects. The company manages the entire transaction process, including diligence, documentation, and insurance procurement for both developers and corporate buyers. This streamlined approach lowers transaction costs and makes tax credit monetization more accessible for clean energy projects of various sizes.
Funding
$3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
DR+2Founders
Product
Problem
Distributed generation (DG) clean energy projects often struggle to fully utilize federal tax credits due to their own limited tax liabilities. This can lead to unrealized financial benefits and hinder the economic viability of these sustainable energy initiatives.
Solution
Concentro offers a platform designed to connect DG clean energy projects with third-party investors seeking to offset their tax liabilities through the purchase of federal tax credits. The platform streamlines the tax credit transfer process, providing a turn-key solution for both project developers and investors. For developers, Concentro facilitates the monetization of tax credits, converting them into immediate capital. For investors, the platform provides access to vetted and insured tax credits, offering sustainable investment opportunities with attractive risk-adjusted returns.
Target Audience
The primary target audience includes DG clean energy project developers looking to monetize federal tax credits and corporate investors seeking sustainable investment opportunities with tax benefits.
Features
- Streamlined platform for connecting DG clean energy projects with tax credit investors.
- Turn-key solution for managing the complexities of tax credit transfers.
- Vetted and insured tax credits to mitigate investment risk.
- Transparent transaction process for clear and efficient deal execution.