PRESS RELEASES
Foss & Company Celebrates the Historic Rehabilitation of The Stella
Saint Paul, MN – January 22, 2025 – Foss & Company, a leading institutional investment fund sponsor, is proud to announce its role in providing essential tax equity financing in the historic preservation of The Stella, a 16-story office complex located at 386 Wabasha Street in Saint Paul, Minnesota. Formerly known as the Ecolab Headquarters,…
Read MoreFoss & Company and Plus Power Close $100 Million Investment Tax Credit Deal for Battery Energy Storage System
Edinburg, TX — October 22, 2024 — Foss & Company, a premier institutional investment fund sponsor, announced the successful closing of an investment exceeding $100 million for a battery energy storage system (BESS) named Anemoi Energy Storage. This landmark deal represents a significant milestone for Foss & Company, marking its third investment in a utility…
Read MoreRenew Energy Partners Leverages Newly Approved Rules Under the Inflation Reduction Act with Sale of Energy Tax Credits
BOSTON, July 16, 2024 /PRNewswire/ — Renew Energy Partners (“RENEW”) announced today the sale of earned energy tax credits to a private buyer represented by Foss & Company. Utilizing the recently approved transfer provisions of the Inflation Reduction Act, RENEW continues to establish new financial models for clients in the building decarbonization space, with this sale building…
Read MoreBirch Creek Energy Completes Financing for 49MW Earp Solar
ST. LOUIS, June 24, 2024 /PRNewswire-PRWeb/ — Birch Creek Energy, LLC (“Birch Creek”), a St. Louis based renewable energy company, announced the completion of financing and full operation of Earp Solar, a 47MW utility scale solar project based in Illinois. Earp Solar represents the first project to become fully financed and operational in Birch Creek’s…
Read MoreInvesting in Renewable Energy Tax Credits Without Recaptures
Investing in Renewable Energy Tax Credits Without Recaptures By Bryen Alperin and Sophie Gunderson Foss & Company Renewable energy tax credits can provide a significant reduction in tax liability with practically no risk of recapture due to a §50 disqualifying event during a project’s five-year compliance period — with exercise of proper investment due diligence…
Read MoreTrico Building apartment project is nearing completion
BUFFALO, N.Y. May 9, 2024— The redevelopment of Buffalo’s historic Trico building is getting closer to the finish line. The old windshield wiper factory will open to tenants later this summer, and on Wednesday, 2 On Your Side was the first station to see what’s happening behind those massive windows. Anyone involved in the Trico…
Read MoreManufacturing Facility Redevelopment Underway At 58 Parker Avenue And 164 Garden Street In Poughkeepsie
May 6, 2024 – Institutional investment fund sponsor Foss & Company and environmental nonprofit Scenic Hudson have closed on a former manufacturing facility at 58 Parker Avenue and 164 Garden Street in Poughkeepsie. This historic tax credit project will see an extensive renovation and reinvention for five interconnected Standard Gage manufacturing buildings, which have been…
Read MoreFoss & Company Partners with Scenic Hudson to Transform Abandoned Manufacturing Facilities into Environmentally Sustainable Office Space and Community Hub
POUGHKEEPSIE, NEW YORK – April 17, 2024 – Foss & Company, a leading institutional investment fund sponsor, and Scenic Hudson, Inc, a prominent environmental nonprofit in the Hudson Valley, proudly announce the successful closing of the Standard Gage Manufacturing Project. This collaborative historic tax credit (HTC) investment marks a significant step towards the revitalization of…
Read MoreFoss & Company Joins First Columbia Development in Flanigan Square Historic Preservation Project
TROY, NY – March 20, 2024 – Foss & Company, a leading institutional fund sponsor, is thrilled to announce its role in the historic preservation of 547 and 558 River Street in Troy, NY, through the Flanigan Square Transformation Project. Spearheaded by First Columbia Development, this initiative aims to revitalize the area and address critical…
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