Clean energy assets themselves represent tremendous opportunities in low-income communities. Friends-of-the-newsletter at the New Energy Nexus identified a once-in-a-generation clean energy play with this tax incentive.
Clean energy assets are a natural fit for certain OZs; they are long-term, location-based and provide a public benefit to the community. According to NEX, clean energy assets – already a sound investment – are even more attractive with the capital gain tax benefits, to the tune of an additional few points. Its white paper outlines all the clean energy assets investors should consider.
Quotable: “Opportunity zone finance presents a watershed mechanism to permanently move clean energy assets and companies into the mainstream.” Interested in learning more about Opportunity Zones?My OZ Fund: A resource from New Energy Nexus designed to help interested investors set up a Qualified Opportunity Zone Fund, the mechanism through which investors must leverage this tax incentive.