Insights & News

Perspectives on capital,
risk & transition.

Articles, news, and updates from the team at Edge Management. Practical analysis on the financial, insurance, and tax structures that shape climate infrastructure financing.

Priced for the Policy, Not the Asset: The Wind Repowering Dislocation

Aging but fundamentally sound wind assets are being priced for today’s policy environment, not their real worth. A structure lets investors move at today’s pricing without needing today’s policy to hold for the life of the deal.

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FEOC: The All-or-Nothing Gate Quietly Stalling Tax Credit Deals

Foreign Entity of Concern rules are no longer a footnote — miss the material assistance threshold and you lose the entire §45X, §45Y, or §48E credit. Why sound projects are suddenly unfinanceable, and why the window is measured in months.

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The 27% Problem: Why the BESS Capital Stack Now Matters as Much as the Technology

Lazard’s latest data puts four-hour battery storage at roughly $210–292/MWh, up about 27% since 2020. In a higher-cost environment, the capital structure decides which projects reach financial close.

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Thirty Points of Proceeds: How De-Risking the Exit Reprices a Tax Credit Deal

Same project, same sponsor — thirty points of proceeds and 75 basis points, entirely from de-risking the exit. In a market where capital is deep, what is actually being rationed is certainty.

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Texas Has 474 GW in the Queue. What’s Being Rationed Is Certainty.

About 90% of ERCOT’s 474 GW interconnection queue is data centers — and regulators have noticed. The real exposure is not demand. It is political delay, and delay is what kills tax credits.

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Three Points of Floor Plan: The §168(n) Election Every Manufacturer Is About to Face

The qualified production property deduction lets you expense a factory’s basis in year one — but the exclusion list, the 95% cliff, and ten years of recapture mean the floor plan and documentation are now the deal.

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$166B in IEEPA Tariff Refunds: Eligibility, Timing, and Capital Strategy

The Supreme Court's February 2026 ruling opened the largest tariff-refund window in modern U.S. trade history. What importers of record need to know before the appeal deadline closes — and how to structure around the receivable.

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How §48E Reshapes Battery Storage Project Finance

The clean electricity ITC has fundamentally restructured how grid-scale storage projects raise equity. What sponsors and lenders need to model.

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When Insurance Unlocks an Investment-Grade Rating

How structured insurance enhancement converts unrated alternative assets into NRSRO investment-grade securities institutions can buy.

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Financing the Renewable Fuels Pipeline: SAF and Beyond

Sustainable aviation fuel needs $200B+ of new capital this decade. The structures that will get it deployed look nothing like conventional project finance.

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Cost Segregation: The Cash Flow Tool Sponsors Forget

A practical guide to running cost segregation on industrial and commercial assets — and how the resulting depreciation flows directly into deal economics.

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Revenue Puts: Pricing the Floor Under Merchant Storage

Why insurance-backed revenue floors are becoming the bridge between merchant storage projects and conventional project debt.

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The Circular Economy's Capital Problem

Why advanced recycling and waste-to-value operators struggle for project finance — and the structural fixes that bring institutional capital to the table.

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R&D Credits for FOAK Climate Tech: What Qualifies

Most FOAK climate technology companies leave significant R&D credit cash on the table. Here's what qualifies, what doesn't, and how to capture it.

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Edge Expands London Office

Edge has expanded its London presence to support growing demand for cross-border structuring across European climate infrastructure transactions.

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Edge Expands to Asia Pacific

Edge formally opens its fourth global office in Mohali, India — extending the platform with dedicated Asia Pacific coverage for institutional capital introductions, cross-border tax structuring, and origination work.

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