Cost Segregation Services Case Study Renewable Energy ITC Marshall & Stevens Cost Segregation professionals were retained by an investment bank that had recently entered in agreement to acquire a 30MW AC solar farm in Georgia that was still under construction via a tax equity investment transaction. The purchase price was partially contingent on the economics of the facility, which in turn was partially driven by the amount of the federal Investment Tax Credit (“ITC”) provided under the guidance of the Internal Revenue Code Section 48 (IRC §48). The IRS’s application instructions for the ITC suggest that the application be accompanied by “an accounting of your basis in the energy property.” Subject Matter Expertise ? Cost Segregati

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