Crédit Agricole CIB completes first U.S. renewable tax credit purchase for EDF power solutions North America

Project Milagro is a franchise enhancing transaction that embeds specialized tax attribute monetization expertise within our DNA that can be applied across various asset classes where tax credits are core economic components of the capital structure: it is a highly sought capability from our clients. Thank you and congratulations to all the various teams involved in NY and Paris that made the NAP and our first transaction possible; it is the epitome of cross-functional collaboration across teams and geographies. Congratulations to EDF power solutions on Milagro Energy’s successful completion.

Jae Kwon

Managing Director, ERA Advisory

Closing our first tax credit purchase agreement with EDF power solutions North America, a leading US renewable energy developer, marks a major milestone for our team. This transaction reflects the depth of our expertise, the discipline of our process, and the exceptional talent we’ve built. I’m incredibly proud of the team for delivering on a complex deal with professionalism.

Jerry Vincitore

Head of ERA Advisory for Americas

Congratulations in completing Credit Agricole CIB Americas’ first tax credit purchase. This was a very complex deal to execute and complete, requiring months of close collaboration among businesses within Credit Agricole CIB, as well as with the client, EDF power solutions North America. Well done!

Robert Blanco

Head of Tax for Americas