---
title: Understanding ITC transferability with Basis Climate
description: In this fireside chat, Erik Underwood and Derek Silverman of Basis Climate explain the promising, yet complex landscape of tax credit transactions.
---

[Station A Blog ](https://blog.stationa.com)

# [Understanding ITC transferability with Basis Climate](https://blog.stationa.com/understanding-itc-transferability)

 Written by [Richard Ling](https://blog.stationa.com/author/richard-ling) | 2024-03-01

## 👀 Watch the interview

## 🎧 Listen here

## 📖 What we cover

| **Time** | **Topic** |
| --- | --- |
| **0:20** | What you were doing before Basis, and why did you decide to found the company? |
| **2:52** | From when you were founded to today, what are some highlights? |
| **5:02** | You announced a $60M and $100M tax credit transfer with Wellhead Electric Company and Avangrid Renewables, respectively. Talk us through how Basis facilitated these large, complex transactions. |
| **7:24** | What are the differences between smaller transactions and larger transactions in terms of challenges and benefits? |
| **10:00** | What makes ITC transfer so difficult to manage? |
| **13:47** | The ITC marketplace currently comes with high transactional costs for smaller deals - how do you see this evolving? |
| **17:07** | Do you see there being a role for tax equity as the market grows? |
| **19:39** | What parts of ITC transfers can be standardized, or automated? |
| **22:02** | What excites you most about the future of ITC transfer market? |

## **💬 Talk to Basis Climate about ITCs**

Visit [Basis Climate's website ](https://www.buildwithbasis.com/)to learn more about your options for buying and selling ITCs.

[View full post](https://blog.stationa.com/understanding-itc-transferability)

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