Greenprint Capital Management and AB CarVal Double Investment Commitment to Expand Tax Equity Financing for Renewable Energy and Storage Projects

Expands Product Offerings to Maintain Market Leadership Amid Growing Competition

NEW YORK, March 11, 2025 /PRNewswire/ -- Following the successful launch of their joint venture to support a $2.5 billion tax equity investment pipeline, Greenprint Capital Management and funds managed by AB CarVal are announcing a significant expansion of their commitment, doubling the capital available to fund tax equity investments in renewable energy and storage projects.

With this increased commitment, Greenprint and AB CarVal are broadening their product offerings to ensure they maintain their position as a leading tax equity and project preferred equity provider in the renewables and energy transition space. The expanded platform will support:

• Time-Based Flip Transactions – Enabling early and efficient monetization of tax credits while maximizing sponsor upside.
  
  
• Preferred Equity Investments – Offering sponsors flexible capital solutions with structured exit options.

Tailored Investment Structures for Developers

Greenprint and AB CarVal continue to provide highly customizable investment solutions tailored to the unique financial strategies of renewable energy developers. The partnership offers:

• Flexible Investment Terms – Adaptable structures based on investment size, technology type, project value, allocation of tax credit proceeds, and depreciation choices.
  
  
• Customizable Exit Options – Sponsors retain control over expected flip dates, buyout rights, and long-term capital strategy.
  
  
• Maximizing Third-Party Debt and Equity Capital – Developers can optimize project-level financing while preserving their own capital for additional projects.

Fueling the Next Wave of Renewable Energy Investments

"We launched this joint venture to bring scalable, flexible tax equity solutions to developers, and the overwhelming demand has exceeded our expectations," said Peter DeFazio, Managing Partner of Greenprint Capital Management. "This commitment from AB CarVal significantly expands our capacity to fund innovative projects, enhances our market position, and strengthens our ability to deliver tailored solutions to participants navigating complex challenges in the tax equity market."

Alex Flamm, Managing Director at AB CarVal, added:
"As new entrants continue to emerge in the tax equity space, our expanded joint venture with Greenprint aims to put us at the forefront of the industry. By broadening our investment offerings, we strive to provide sponsors and project owners with best-in-class capital solutions and long-term partnership in a rapidly evolving market."

Expanding Opportunities for Renewable Energy Developers

Greenprint and AB CarVal are actively seeking new investment opportunities with solar, wind, and battery storage developers who need scalable and efficient tax equity capital to bring projects to market. The expanded commitment will allow developers to unlock liquidity, enhance project financing structures, and execute on their growth strategies with greater flexibility.

For more information or to explore potential investment opportunities, contact Greenprint Capital Management at [email protected]. 

About Greenprint Capital

Greenprint Capital is an investment and advisory firm specializing in clean energy tax credit investments. The firm focuses on efficiently managing and deploying capital into climate-positive energy infrastructure projects, aiming to balance financial returns, reduce tax liabilities, and achieve sustainable impact. By acquiring and structuring investments in renewable energy projects, Greenprint enables co-investors, lenders, and tax credit purchasers to participate in these opportunities. Learn more at greenprintcapital.com.

Greenprint Capital Media Inquiries
Alex Neth, [email protected]

About AB CarVal

AB CarVal is an established global alternative investment manager and part of AllianceBernstein's Private Alternatives business. Since 1987, AB CarVal's team has navigated through ever-changing credit market cycles, opportunistically investing $152 billion in 5,810 transactions across 82 countries. Today, AB CarVal has approximately $20 billion* in assets under management in corporate securities, loan portfolios, structured credit and hard assets. Additional information about AB CarVal may be found at www.abcarval.com.

AB CarVal Media Inquiries:
Anna White Lovely, [email protected] 

*AUM is comprised fee-earning AUM and fee-eligible AUM. Fee-earning AUM includes those assets currently qualified to generate management fees. Fee-eligible AUM includes capital that is committed to an AB CarVal Fund but is currently uncalled or recallable. The number represented here excludes assets under AB CarVal's management that are not generating management fees due to the maturity of the Fund but includes amounts that do not generate management fees solely due to AB CarVal's decision not to charge management fees.

SOURCE AB CarVal