Ivory Consulting Corporation announced Barrett Capital Corporation, a specialty finance company with a focus in financing energy efficiency projects for developers, will begin using Ivory’s flagship modeling and pricing product, SuperTRUMP, to evaluate energy efficiency opportunities presented by developers and correctly calculate the return on investment for tax motivated investors.
“Over the years, we have learned that many developers, in presenting energy efficiency opportunities to us, do not properly account for tax benefits. They overstate the real return to investors by not accounting for a) the return required to provide the tax credit and, b) the deferral basis of bonus depreciation, which creates a tax liability in future years,” said Barry Korn, Managing Director, Barrett Capital. “By using SuperTRUMP, Barret Capital is able to provide its tax appetite investors a proper return on investment calculation.”
“With SuperTRUMP, Barrett Capital can take into account the latest IRS guidelines in order to maximize the tax advantages inherent in their growing energy efficiency project and real estate lease/loan portfolio,” said Scott Thacker, CEO, Ivory Consulting Corporation. “We’re very pleased that we can assist Barrett Capital and its customers in structuring complex, after-tax leases.”