Tax Equity & Hybrid Financial Modeling
Course Content
Financial modeling is a critical yet often underappreciated skill, essential for success in corporate finance and business. Whether you’re launching a new venture, managing operations, or evaluating “what-if” scenarios through sensitivity analysis, the ability to create a robust financial model is indispensable. Your boss, clients, or investors will demand professional and reliable forecasts that inspire confidence.
This course teaches participants how to Build a Tax Equity financial model using a US renewable energy project as a case study. This is an intensive course providing an overview of the tax equity structures commonly used in U.S. renewable energy investments, with a focus on the development of a financial model. In this course you will be exposed to many areas of tax equity such as: Tax equity and Back leverage concepts, IRA, Depreciation, tax credits and inside and outside basis.
In contrast to Renewable energy project finance modelling. The Tax Equity course goes deep into tax capital accounts, deficit restoration obligations, stop loss allocations, and HLBV accounting.
Course Schedule and Pricing
Tax Equity and Battery Storage Modeling Online Bundle
Renewable Energy, Battery Storage, Tax Equity Modeling Online Bundle
Renewable Energy & Tax Equity Modeling Online Bundle
Tax Equity & Hybrid Modeling In-House
Tax Equity and Hybrid Modeling Live Streaming
Tax Equity and Hybrid Modeling Live Streaming
Tax Equity and Hybrid Modeling Online
Delivery Options
Course Formats & Delivery Options
Self Paced Training
Advance your skills with training designed to fit around your busy schedule. Study anytime, anywhere. Choose from individual courses tailored to specific topics or maximize value with bundled learning pathways.
Learn anywhere, anytime - with 12 months access
Videos explaining key concepts and excel based demo tutorials
A complete line-by-line walk-through of each line of the calculations in the full model.
Excel based demo tutorials. excel reinforcing key modeling techniques
Course completion certificate
Subscription can be extended annually post the initial 12 month access
Access to Pivotal180 Communities & discussion board, where you can post any questions
Public Training
Public training is as close as you get to the experience of an in-person class. Join a small cohort via live stream with direct instructor access. Full syllabus in a structured format with homework and Q&A.
Live online classes led by expert instructors
Interactive sessions with live Q&A support
One-on-one access to instructors with personalized feedback as you complete tasks
Quarterly models included
Small class (max ~12 participants)
Class recordings and 12-month access
Course completion certificate
Peer networking - connect with global finance professionals
Customized Training
Our In-House Customized Training is tailored to your team, deals, and objectives. It combines practical financial modelling with real deal examples and transaction context. Designed for corporates, banks, and investors, it builds a consistent methodology aligned with your risk and structuring approach.
Fully tailored to your team and deal types
Built around your real transactions and models
Align training with your internal methodology
Incorporate transaction documents and tax regimes
Delivered in-person, virtual, or hybrid formats
Confidential environment for discussing live deals
Cost-effective training for teams of 8+ staff
Includes access to supporting online courses & completion certificate
Course Syllabus
| SECTION | OVERVIEW |
|---|---|
PRE-REQUISITES |
|
PRE-COURSE |
|
PROJECT BENEFITS FROM DEPRECIATION, TAX CREDITS, AND CASH |
|
INTRODUCTION TO TAX EQUITY AND BACK LEVERAGE CONCEPTS |
|
INITIAL TAX EQUITY MODEL |
|
INSIDE BASIS |
|
OUTSIDE BASIS |
|
CAPITAL ACCOUNTS, TAX EQUITY SIZING AND FMV |
|
TAX EQUITY SIZING REVIEW |
|
INFLATION REDUCTION ACT |
|
Who should attend this course?
We do recommend taking our Renewable Energy Project finance modeling course prior to this course OR people with experience in the sector. Analysts, associates & vice presidents at banks, funds, investors, developers, and operating entities with a keen interest in tax equity are encouraged to join the tax equity course.
If you are a Foreign investor looking to understand the US market or a CFOs or other finance team members of operating entities who have the misfortune of taking over a deal tax equity model we encourage you to join!
Why Pivotal180
Pivotal180 is a global leader in teaching financial modeling and corporate finance. Unlike firms where training is a side business, we are exclusively focused on delivering world-class education. Our courses are led by senior practitioners with deep, practical transactional experience, not just theoretical knowledge. We have trained top advisors, developers, lenders, and funds worldwide, helping them master concepts like discounted cash flow (DCF) analysis, leveraged buyout models, and financial planning for business units.
Our training approach is uniquely tailored to your needs. We offer a blended learning solution, combining instructor-led training with 12 months of online access to our comprehensive materials, including lecture slides, DCF analysis tools, and downloadable spreadsheet models. This ensures continuous learning and support long after the course is completed.
Discounts and Cancellations
Cancellation Policy for Public Courses
- 4+ weeks before the course: Full refund*
- 1–4 weeks before the course: 50% refund
- Less than 1 week before the course: No refund
*Refunds are less any merchant fees incurred on payment.
Discounts
Discounts are applied to the full course price and include:
- Students: 40% discount on all available courses
- Not-for-profit and government employees: 25% discount on all available courses
- Multiple purchase discount: 15% for bookings of three or more participants and/or courses
- Early bird discount: 10% for interactive public sessions booked eight weeks in advance
*Please note that discounts are not applicable to bundles.
What's Included + Equipment & Prerequisites
Inclusions
- Course Completion Certificate: Validates your expertise in financial modeling.
- 12-Month Online Access: Continue to refine your skills with our resources and materials.
- Pivotal180 Communities: Join an active network of professionals for ongoing discussions and insights.
- CPD Accreditation:Equivalent to 18 hrs
- Course Requirements: Basic Excel knowledge, a computer or laptop, and a power cord.
Equipment & Prerequisites
- It is strongly recommended you have completed the Renewable Energy Project Finance Modeling Course (either as a public session or online) prior to taking this course. If you haven’t completed this recommended course, please speak with us to determine if the course is appropriate for you.
- Knowledge of project finance pass-through entities, generation and operations of renewables projects, and tax calculations recommended (covered in recommended course above)
- Best practice modeling skills
- Advanced knowledge of, and access to Excel
- Computer/Laptop (two monitors is preferrable)
- Power Cord