Spotlight Blog: Claire Behar
Foss & Company is comprised of a group of experienced tax credit professionals, representing a depth of knowledge within their respective fields. In this blog series, we highlight different Foss & Company team members to shine a light on the diverse and dedicated people that help make us who we are.
Claire Behar joined Foss & Company in March 2025 as Vice President of Renewable Energy & Sustainable Technologies, where she leads the origination and structuring of renewable energy tax equity and transfer credit transactions while fostering strategic relationships with project developers. She brings over a decade of experience across energy markets—including trading, structuring, project development, and commercial strategy.
To learn more about Claire, read our latest Spotlight blog series installment:
How did you get started in the tax credit investing industry?
I’ve spent my entire career in the energy industry—first in commodities trading and later leading commercial strategy at a green hydrogen start-up. Working in green hydrogen during its early days, I saw firsthand how essential tax credits are to get first-of-a-kind projects off the ground.
When the Inflation Reduction Act (IRA) passed, I jumped into helping shape the Section 45V hydrogen production tax credit. I helped lead an industry group that worked closely with the U.S. Treasury, IRS, and White House to inform the final guidelines, advocating for robust carbon accounting and inclusive definitions for hydrogen storage.
That experience gave me a deep appreciation for how smart tax credit policy can drive innovation and unlock capital. From the developer perspective, I also experienced how challenging it is to finance large-scale clean energy infrastructure—and how critical tax equity is in making the capital stack work. That experience led me here to Foss & Company – I wanted to be on the side of the table helping bring capital to projects that move the needle on climate.
When did you join Foss & Company and what interested you about the company?
I joined Foss & Company in March 2025 after connecting with Bryen Alperin. What stood out immediately was the combination of deep tax credit expertise and an entrepreneurial mindset. Foss has been around for over 40 years, but the culture still feels agile and forward-thinking. I was especially drawn to the growing renewables platform, and the opportunity to help scale investment in next-generation technologies like hydrogen, sustainable fuels and energy storage. The team here is solutions-oriented, collaborative and driven and I’m excited to contribute to the team’s growing success.
What do you find important or interesting about the renewable energy/sustainable industry?
I knew from a young age that I wanted to work in Energy. Energy is the backbone of our economy and touches every part of daily life, from how we move to how we build. What continues to inspire me is the scale and complexity of the energy transition. There’s no single solution—it’s going to take a portfolio of technologies, each suited to different geographies and use cases. The pace of innovation across sectors, combined with increasing collaboration between policymakers, investors and developers, gives me real optimism. Everyone in this ecosystem plays a role in getting new technologies to market and scaled. At Foss & Company, I’m excited to contribute to that momentum by helping channel capital to the projects that are reshaping our energy future.
What is one thing people may not know about tax credit Investments?
Many people assume tax credit investing is complex or only accessible to large institutions—but that’s no longer the case. With the rise of transferability and more flexible structures, it’s becoming a far more approachable and efficient way for a broader range of investors to support clean energy while lowering their tax liability.
How has the renewable energy tax credit investing industry evolved and where do you see it going?
The Inflation Reduction Act was a turning point—introducing transferable and tech-neutral credits that expanded access and flexibility across the market. It’s opened the door to a more diverse mix of technologies and participants, from hydrogen and storage to new investor types. Looking ahead, I see tax credit investing becoming a standard part of corporate finance and project development strategy.
Any other insights you would like to add?
We’re still in the early innings of what this market can become. The scale of capital needed to meet climate and infrastructure goals is massive, and tax credit investments are a critical tool in bridging that gap. It’s exciting to be part of a team that’s helping to move capital where it’s most needed—and doing it with speed, creativity and impact.