Case Study: Franklin Park achieves new liquidity from transferable tax credits with Crux

Franklin Park unlocks $15M in tax credit liquidity with Crux

Franklin Park, an international infrastructure company and experienced tax equity investor, faced the challenge of efficiently monetizing $15 million in transferable clean energy tax credits from a solar portfolio and establishing a repeatable process for future sales. They partnered with Crux to leverage its transferable tax credit marketplace to find the right buyer.

Crux marketed the credits on its liquid marketplace, generating four competitive term sheets within two weeks. This process allowed Franklin Park to secure a favorable buyer and an additional $15 million purchase commitment for the following year. The successful transaction provided immediate liquidity to redeploy capital and established an efficient, multi-year partnership with the buyer. Crux facilitated the entire process, providing strategic guidance and support to both parties.

Franklin Park