Crux

Crux aims to enable buyers and sellers to exchange tax credits efficiently and transparently in a marketplace that will drive financing for current and future generations of renewable energy and infrastructure projects. It functions as an ecosystem for banks, project developers, and intermediaries to transact on clean energy tax credits by acting as a transaction manager and workflow software for all parties around a deal. Developers are able to submit projects on the platform for buyers to bid on and diligence, thereby simplifying the tax credit sales process and maximizing value for both parties. By bridging the gap in clean project finance, Crux is capitalizing off of two-thirds of the $1.7 trillion earmarked for the IRA during an inflection point between capital markets and renewable energy.