Distributed Energy Resource Projects
tax Equity Investments

At Gridwealth we develop, operate, and trade in new energy assets. We have a portfolio of commercial solar projects that qualify for tax incentives under the Inflation Reduction Act as well as accelerated depreciation credits. Qualified folks can take advantage of this opportunity as a tax equity investment (TEI). If you’re not familiar with TEI, you can read more about it in this Congressional Research Service document.

Historically, our TEI programs create potential tax savings equal to or greater than the invested principal in the first year with a potential 6-year aggregated return of 140%. Results can vary based on project size and investor participation. Regardless, unlike traditional investments, these returns are driven by tax credits and depreciation – much easier to count on than market fluctuations or the performance of individual companies.

Of course, rules apply and not everyone can take full advantage of the new regulations which is why we always recommend you consult with a tax advisor. Also, remember that prior results are not a guarantee of future performance.

Kevin Goyette is the director of project finance at Gridwealth. He joined the company in 2022.

Goyette has more than 20 years of experience in banking, project management, and bank debt review. Goyette guides Gridwealth’s project finance and debt structuring He is responsible for monitoring industry trends and opportunities for finance and tax equity investment.

Prior to Gridwealth, Goyette was a bank auditor conducting independent risk, credit, and loan reviews consultant to financial institutions for Chaston Associates as well as Cobblestone Management LLC   He has expertise in evaluating retail, commercial, and industrial collateral for local, national and international financial institutions while working with Liquidity Services Inc., Hilco Appraisal Services, LLP and as an independent consultant.  His background includes extensive project monetization roles.  Goyette has reviewed an estimated $20 billion in loans as a bank auditor providing debt structure insight to the project finance team.

Goyette has an MBA from Nichols College and a BS in business from Framingham State University.

Interested In Learning More?

If you are an accredited investor or represent one, we’d be happy to schedule a call. We can walk through the details of how tax equity investing with Gridwealth can be both a smart investment and a green one. Fill out the form, or click here to set up a quick introductory call.