Marex, a global financial services platform, has launched a digital marketplace for the transaction of transferable clean energy tax credits in the United States, providing corporate buyers with access to credits generated by clean energy projects.
The platform operates through Neon, Marex’s technology suite, and is designed to connect clean energy developers seeking to sell tax credits with corporate buyers looking to offset federal tax liabilities. Developers can list eligible tax credits on the platform, while buyers can review project details and indicate interest in specific offerings.
Marex said its team will review and prequalify credits listed on the marketplace before they are made available to buyers. Once onboarded, buyers gain access to the platform’s inventory and are supported through the transaction process, including matching credits to tax capacity, timing and risk considerations.
Transferable tax credits have become a growing feature of the US clean energy market following changes introduced under the Inflation Reduction Act (IRA) in 2022. Section 6418 of the Internal Revenue Code allows clean energy developers to sell eligible tax credits to third parties for cash, rather than using them directly or relying on tax equity financing.
Subsequent legislative developments, including provisions maintained under the 2025 One Big Beautiful Bill Act, have preserved credit transferability while clarifying timelines and phase-out schedules, increasing regulatory certainty for buyers and sellers.
Market participants say the ability to transfer tax credits has expanded participation in clean energy investment by allowing companies to support project development without taking direct equity stakes. Buyers can apply credits as a dollar-for-dollar reduction against federal income tax liabilities, often acquiring them at a discount to face value.
The market for transferable clean energy tax credits has grown rapidly in recent years, with total transaction volumes reported to have exceeded $50 billion in 2025. However, credit quality, eligibility and expiration timelines vary across projects, increasing the importance of due diligence and verification.
Marex said the new platform is intended to provide a structured mechanism for buyers and developers to transact in this expanding market, alongside its existing activities across environmental and energy-related commodities.
