2 minute read | November.13.2025
Crux, the capital markets platform for the clean economy, has launched new standardized forms for Tax Credit Transfer Agreements (TCTAs). The new forms establish a common framework for transferable tax credit transactions, streamlining the process for developers, manufacturers, corporate finance teams and other transacting parties.
Orrick advised Crux on the development of the standardized TCTA forms.
Crux serves over 1,000 energy builders and investors who access Crux’s expert team, authoritative market intelligence, and purpose-built software to originate and transact deals across transferable tax credits, debt, and tax equity. The company has facilitated more than 120 transactions totaling billions of dollars of financing over a dozen project types.
The initiative streamlines transferable tax credit transactions, making deals faster and more predictable as demand for domestic energy and manufacturing continues to grow. The new framework supports growing market demand while allowing flexibility for complex deals and covers tech-neutral investment, production and 45x tax credits.
“Standardization doesn’t mean one-size-fits-all,” said Alfred Johnson, CEO and co-founder of Crux. “It means creating frameworks and tools that reflect real deal experience, so that each financing agreement has the right balance of certainty and adaptability.”
The standardized Tax Credit Transfer Agreements are now available to energy developers, manufacturers, investor and other deal parties through Crux at cruxclimate.com.