SPOTLIGHT ON THE PAST
FOSS & COMPANY'S FIRST RENEWABLE ENERGY PROJECT
LUZ SOLAR ELECTRIC GENERATING SYSTEM - APRIL 1986
Solar Electric Generating Systems (SEGS) is a concentrated solar power plant in California, United States. With the combined capacity from three separate locations at 354 megawatt (MW), it is the world's second largest solar thermal energy generating facility, after the commissioning of the even larger Ivanpah facility in 2014. It consists of nine solar power plants in California's Mojave Desert, where insolation is among the best available in the United States.
Pictured: Foss & Company's president, George Barry, onsite of the SEGS project in 1986. Since then, Foss & Company has syndicated over $1 billion in tax equity on energy projects for our institutional investor partners.
FEDERAL & STATE TAX EXPERTS
Having deployed billions of dollars in project capital since 1983, Foss & Company are the tax credit specialists that have identified the tools and talent vital to accelerating this process. From legal and accounting to project management and documentation, we have the people and processes to get your project funded efficiently.
INVESTORS
Tax credit investments offer risk-adjusted returns through highly structured project finance transactions. Short-term, near-term, and long-term tax credit programs are available and Foss & Company can expertly advise on how to best utilize available opportunities to match your corporate tax management and impact investing strategy.
DEVELOPERS
Foss & Company has enjoyed success in delivering competitive tax equity pricing and terms on every project.* Our efficient, full-service team is your one-stop-shop partner from beginning to end, helping you drive social, environmental or economic benefits in your community. *Past performance is not indicative of future results.
DISCOVER ESG INVESTING
Invest your tax payments into high-impact, socially responsible projects that align with your corporate values. Tax credit investments can be used as a tool to combat the negative effects of climate change and expand economic opportunity for underserved people and communities.
HISTORIC PRESERVATION
Foss & Company offers various investment services based on our institutional partners’ capabilities and needs. Historic preservation provides the opportunities to lift up local communities by conserving and rehabilitating buildings across the country.
SUSTAINABILITY
With decades of combined experience developing and providing tax equity for different sustainability projects, Foss & Company has designed underwriting and due diligence processes with the specific needs of the renewable energy developer community in mind. Through Foss & Company's sustainability funds, investors are provided an opportunity to meet their company's ESG goals while supporting job creation and benefiting rural economies across the country.
DEBT CAPITAL
Foss Debt Capital is our debt platform that specializes in sourcing and placing debt to go along with our equity investments, including historic rehabilitation, solar and carbon capture projects.
RECENT PROJECTS & INITIATIVES
THE BANKS
LaPorte, IN
CARBON CAPTURE & SEQUESTRATION
FINANCING AND DEVELOPING CARBON CAPTURE FACILITIES CAN BE DIFFICULT.
FOSS & COMPANY CAN HELP.
HAWAII UTILITY SOLAR
CITY FOUNDRY STL
Originally built in 1929 by Century Electric as a foundry, City Foundry STL is a transformative new “live, work, play” community in Midtown St. Louis, Missouri. The $217 million redevelopment of the site is one of the largest historic redevelopments in St. Louis history.
In July of 2021, City Foundry STL won the Novogradac HTC Award for Non-Residential Development that Best Exemplifies Major Community Impact. Foss & Company is proud to have partnered on such an important and impactful project that gives back to those in the community of St Louis.
REST IN PEACE
Joe Foss
April 23, 1939 - June 1, 2018