Solar Industry Lobbies For Tax Credits As Securitization Growth Proves Slow

The solar industry’s race to issue the first asset-backed bonds may be over, but challenges slowing broader issuer participation have the industry racing to secure additional forms of capital, including the expansion of important tax credits that are granted through Congress. An expansion could reduce the urgency to finance growth through securitization, but also create more assets for investment in the long term.

  • By Matthew Scully
  • 14 Feb 2014

--Matt Scully

The solar industry’s race to issue the first asset-backed bonds may be over, but challenges slowing broader issuer participation have the industry racing to secure additional forms of capital, including the expansion of important tax credits that are granted through Congress. An expansion could reduce the urgency ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 7,026 25 11.95
2 Citi 6,449 21 10.96
3 BNP Paribas 5,093 18 8.66
4 Barclays 4,040 11 6.87
5 Lloyds Bank 3,615 14 6.15

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 118,624.20 342 12.90%
2 Bank of America Merrill Lynch 99,769.11 286 10.85%
3 Wells Fargo Securities 87,449.35 261 9.51%
4 JPMorgan 67,955.87 206 7.39%
5 Credit Suisse 50,788.13 152 5.52%