CRC-IB

What CRC-IB does

CRC-IB provides financial advisory and investment banking services focused on the energy transition sector, assisting clients with transaction structuring and capital solutions. The company supports mergers and acquisitions, project finance arrangements, and capital raising efforts for renewable energy and sustainability-linked projects, including solar, wind, storage, and carbon capture initiatives. Its advisory work includes tailored tax-equity and tax-credit structuring, debt financing, and investor matchmaking to help sponsors, developers, and investors meet strategic objectives. CRC-IB engages with institutional investors and strategic partners to align financial structures with evolving market conditions. The firm’s services aim to facilitate investment outcomes in the sustainable energy landscape.

Name

CRC-IB

Legal name

Carbon Reduction Capital, LLC,

Website

http://www.crc-ib.com

Company type

Private

Founded year

2008

Operating status

Acquired

Headcount range

11–50 employees

Short description

CRC-IB provides financial advisory and investment banking services for energy transition transactions and capital structuring.

Ownership category

akta.pro rank

Product category

Renewable Energy Investment Banking

NAICS

Credit Intermediation and Related Activities (522)

SIC

Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Introducing Broker (IB) (FSAEACAE)

Keywords

• Renewable energy investment banking
• Tax equity advisory
• Project finance structuring
• Mergers and acquisitions advisory
• Capital raising services

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Transaction Advisory Fees: Fees earned from M&A advisory, project finance structuring, and capital raising transactions. Revenue generated on a per-transaction basis for renewable energy deals including tax equity, debt, and equity placements.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

CRC-IB provides M&A advisory, project finance structuring (tax equity, tax credit transfer, and debt), and capital raising services exclusively for renewable energy transactions. The firm acts as a sell-side and buy-side advisor to developers, sponsors, financial sponsors, utilities, and infrastructure investors across solar, wind, storage, and carbon capture & energy transition projects.

Product overview

CRC-IB is a specialized renewable energy investment bank offering a unified suite of financial advisory services rather than a modular software platform. The core offerings comprise M&A Advisory (Asset M&A and Corporate M&A), Project Finance (Tax Equity, Tax Credit Transfer, and Debt), and Capital Raising services. These services are organized by sector coverage including Solar, Wind, Storage, and Carbon Capture & Energy Transition. Following its acquisition by Canaccord Genuity in January 2026, CRC-IB operates as part of Canaccord Genuity's U.S. Sustainability platform under the Energy Transformation Group.

Differentiator

Problem solved

Functional benefit

Products and services

• M&A Advisory Sell-side and buy-side M&A advisory for renewable energy developers, IPPs, sponsors, and acquirers across solar, wind, storage, and carbon capture assets, including single-project, portfolio, and platform-level transactions.
• Project Finance - Tax Equity Sourcing, structuring, and negotiating tax equity investments (partnership flips, sale-leasebacks, inverted leases) from banks, insurance companies, and tax equity investors for utility-scale renewable projects.
• Project Finance - Tax Credit Transfer Advisory and execution of Inflation Reduction Act tax credit transfer transactions, connecting credit-generating renewable projects with corporate buyers seeking to monetize their tax liability.
• Project Finance - Debt Sourcing and structuring construction, term, and back-leverage debt facilities for renewable energy projects from commercial banks, infrastructure lenders, and debt funds.
• Capital Raising Arranging private equity, infrastructure fund, and strategic equity capital for renewable energy platforms, projects, and development pipelines.

Quantifiable outcome

• 435+ transactions completed with $94B total value
• +2 more outcomes

Named customers11 records

Segments7 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Canaccord Genuity GroupcoreOthers · 14 January 2026Canaccord Genuity Group acquired CRC-IB, the advisory arm of Carbon Reduction Capital, to launch an Energy Transformation team within its US sustainability investment banking platform. CRC-IB partners will serve as Co-Heads of the new group. The acquisition strengthens Canaccord's capital markets advisory capabilities in the renewable energy sector.

Scale indicators7 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Greentech Capital Advisors (PJT Partners): Greentech Capital Advisors was the most direct competitor in renewable energy and sustainability investment banking before being acquired by PJT Partners in 2023. Both firms specialized in M&A, project finance, and capital raising across solar, wind, and storage. PJT's renewable energy practice now competes directly with CRC-IB for similar developmental and infrastructure fund clients.
• Nomura Greentech: Nomura Greentech is the dedicated renewable energy and clean technology investment banking arm of Nomura Holdings, providing M&A advisory and capital raising across solar, wind, storage, and clean fuels. It directly competes with CRC-IB for senior debt, tax equity, and M&A mandates in the North American renewable energy market.
• Marathon Capital: Marathon Capital is a leading independent investment bank serving the renewable energy, clean infrastructure, and sustainability sectors, with M&A and capital raising across wind, solar, storage, and offshore wind. It competes directly with CRC-IB for energy transition mandates; several CRC-IB directors (Daniel Parsons) previously worked at Marathon Capital.
• KeyBanc Capital Markets (Energy & Utilities): KeyBanc Capital Markets maintains a dedicated renewable energy and power/utilities investment banking practice, providing M&A advisory and debt financing to sponsors, developers, and infrastructure funds. It competes directly with CRC-IB for community solar, distributed generation, and utility-scale project finance mandates.
• CohnReznick (former parent affiliation): CohnReznick LLP was the former affiliated parent of CRC-IB (when it was CohnReznick Capital Markets Securities) before the firm rebranded to CRC-IB in 2023 and became fully partner-owned. CohnReznick continues to provide advisory and tax services to renewable energy clients, overlapping in target market and increasingly competing for advisory mandates.

Broad incumbents

• Jefferies (Sustainable Infrastructure): Jefferies is a broad incumbent bulge/mid-market investment bank with a dedicated clean energy and sustainable infrastructure group spanning M&A, debt, and equity capital markets. It competes with CRC-IB on larger renewable energy M&A mandates and debt placements, especially for sponsor/strategic clients needing global execution.
• Guggenheim Partners (Renewables & Infrastructure): Guggenheim Securities has a dedicated renewable energy and infrastructure investment banking practice offering M&A, debt capital markets, and restructuring. It competes with CRC-IB for utility-scale renewable energy M&A and tax equity advisory, particularly for distressed or special-situation transactions.
• Evercore (Sustainable & Renewable Energy): Evercore is a leading independent investment banking advisory firm with a renewable energy and sustainability practice handling M&A and capital raising for large strategic and sponsor clients. It competes with CRC-IB on larger corporate M&A and platform-level transactions in renewable energy.
• Lazard (Power & Infrastructure): Lazard is a global advisory firm with a power, energy, and infrastructure practice that advises on renewable energy M&A, capital raising, and tax equity transactions. It competes with CRC-IB for larger strategic transactions and cross-border mandates, with several CRC-IB alumni having previously worked at Lazard.
• Macquarie Capital (Green Investment Group): Macquarie Capital's Green Investment Group is a major renewable energy development and advisory franchise, providing project finance, M&A, and capital raising across wind, solar, and storage globally. It competes with CRC-IB on large-scale renewable energy transactions and as a principal investor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/crc-ib
• Xx.com/cr_capital

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CRC-IB