$117B in Renewable Energy M&A in 2024 – What’s Next?

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Updated on 
March 21, 2025
Analyzing $7.5B of Tax Credits Deals from 2024 -
90% of the Deals Involve Assets Benefiting from Energy Community Tax Credit Adders
3 min read

Enerdatics analysis of over $7.5B of tax credit deals for solar, wind, and BESS projects in 2024 highlighted that over 90% of the deals Involved Assets Benefiting from Energy Community Tax Credit Adders. Texas and Arizona Lead Activity, Focusing on Regions That Meet Both FFE Threshold and Unemployment Rate Requirements.In 2025, Enerdatics forecasts a rise in tax equity and tax credit transfer deals in markets such as Nevada, Illinois, and New Mexico. These regions, which host large tracts of land that qualify for bonus credits, are witnessing a ramp-up in project development activities in response to surging power demand and aggressive state-led decarbonization mandates.