TCAM today announced that an institutional client advised by TCAM has reached an agreement for the release of the client’s obligations under a tax credit guarantee. TCAM’s client has provided a yield guarantee to the investor in a large portfolio of properties generating low income housing tax credits. As the properties are now stabilized and performing well, the investor has agreed to release the guarantee in exchange for negotiated consideration.
Radian Generation Engages with Renewable Energy Trust to Provide Comprehensive Solar Asset Management
Radian Generation, LLC, (RadianGEN) a provider of ongoing solar asset management (solarAM) and consulting services, announced today that it has entered into an asset management agreement with Renewable Energy Trust Capital (RET Capital) for 44 megawatts of solar projects in California. RadianGEN will provide financial asset management, contract administration, compliance and technical oversight service for the two utility scale projects owned by RET Capital. RadianGEN is a member of QuietStream Financial’s portfolio of asset management service providers that work together in the commercial real estate, renewable energy, and affordable housing investment sectors.
TCAM announced today that it is now providing Year 15 services to a growing list of clients. TCAM is a leading investment manager and consultant in the affordable housing industry. In addition to providing on-going asset management services to owners, investors, lenders, guarantors, syndicators and housing agencies and authorities, TCAM is now helping clients address opportunities and challenges that arise as investments complete their initial 15 years of tax credit compliance.
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