Foss & Company Q1 2025 Recap: A Strong Start to the Year

Foss & Company is entering the second quarter of 2025 with strong momentum following a productive and impactful Q1. From project closings and national conference participation to expanded media presence and new team members, the first three months of the year showcased our continued leadership in the tax equity space.

Historic Redevelopment and Clean Energy Projects

Among the quarter’s key milestones was the closing of the Syracuse Public Safety Complex in Syracuse, NY. This project is transforming the former Lipe-Rollway Bearing Company building into a facility that will house both the city’s fire and police departments—enhancing public infrastructure while preserving a historic site.

In Bridgeport, CT, Foss & Company completed an exclusive tax equity investment in the Charter Oak project. The 9.66-megawatt fuel cell system, paired with a thermal loop, will deliver clean electricity and heat to local schools and businesses, marking a significant step forward in our renewable energy strategy.

We also closed several additional projects nationwide, including:

  • Cole Motor Car Company Redevelopment (Indianapolis, IN): A historic mixed-use project featuring residential units and retail space.
  • The Stella (St. Paul, MN): A 16-story adaptive reuse of the former Ecolab headquarters into multifamily housing and retail.
  • Harrisonburg Innovation Hub (Harrisonburg, VA): A 24,000-square-foot collaborative coworking space.
  • Brewery Apartments (St. Louis, MO): A 139-unit mixed-income housing development that combines historic preservation with affordable housing.
  • Project Cumulus: A solar energy portfolio serving low- to moderate-income households across 14 states and Washington, D.C., with additional megawatts coming in 2025.

Each of these investments demonstrates how Foss & Company continues to support projects that create long-term community and environmental value.

Industry Events and Thought Leadership

In Q1, Foss & Company team members participated in a number of key conferences and events, where we shared insights on tax credit structuring, monetization and evolving policy trends.

Notable events included:

  • TEI Chapter Seminars in Houston, New Jersey and Seattle along with the Annual Midyear Conference in Washington, D.C.
  • Infocast’s Solar + Wind Finance & Investment Summit in Phoenix, where Bryen Alperin spoke on a panel focused on election impacts on the renewable energy market.
  • Foss & Company’s Annual Meeting in Scottsdale, AZ, where the full team gathered to reflect on 2024, align on 2025 goals and strengthen team culture.

These engagements not only reinforced our expertise in tax equity but also allowed us to connect with industry leaders, clients and partners in meaningful ways.

In the News and on the Blog

Foss & Company’s work was featured in several national and trade publications this quarter. The Charter Oak project received attention from outlets including Microgrid Knowledge, FuelCellsWorks, PE Hub, Yahoo Finance and Business Wire. In addition, The Stella garnered media coverage across regional and industry news platforms.

On our blog, we published a series of timely educational pieces covering:

These resources help inform developers, investors and partners as they navigate the changing tax credit landscape.

Looking Ahead

As we move into the second quarter, Foss & Company is gearing up for a full schedule of conferences and events, including a few:

We’re also pleased to welcome two new people to our team: Frank Ronchetti, vice president of investments, and Claire Behar, vice president of renewable energy and sustainable technologies. Their experience will be instrumental as we continue to grow our platform and expand our impact.

At Foss & Company, our mission remains clear: to be a trusted partner in utilizing tax equity to deliver results—for investors, communities and the future of clean energy.

To learn more or to connect with our team, contact us today.