Crux Platform for Transferring Clean Energy Tax Credits Is Growing Rapidly with Hundreds of Millions of Dollars in Transactions in Process and Intermediary Partners Who Represent Billions in Annual Volume
NEW YORK, Sept. 12, 2023 /PRNewswire/ -- In advance of Climate Week, Crux, the ecosystem for transferable clean energy tax credits, announced that its platform is being used by developers, tax credit buyers, and intermediaries, with hundreds of millions of dollars in deals in process.
- On the Crux platform, intermediaries use branded portals to manage syndication of credits to existing clients and connect to new developers and credit buyers.
- By convening buyers, sellers, and intermediaries around the same powerful software, Crux is building the deepest and most liquid market.
- "Intermediaries will be critical to scaling the new multi hundred billion dollar market for transferable tax credits.
- Crux is co-founded by Alfred Johnson and Allen Kramer, who previously founded and exited a successful marketplace software company, Mobilize.