Reznick Group Managing Principal Kenneth E. Baggett announced the expansion of the firm's renewable energy practice with the appointment of Matthew Ferguson to lead the national practice. A principal of the firm, Ferguson will be responsible for expanding the practice and advising clients on energy-related transactions including matching renewable projects with tax equity investors, raising capital, M&A services, and maximizing public policy to promote and reward low-carbon solutions. In this national role, he will be based in Reznick Group's Tysons Corner, Va. office.
âRenewable energy is being increasingly recognized as a national priority. It has both economic and national security dimensions. U.S. tax credits are a major source of capital to fund the development of renewable energy projects. This is a vital area and Reznick Group is the nation's leader in the tax credit arena, representing market participants for 30 years,â said Ferguson. âI am honored to be a part of Reznick Group and I am looking forward to advising clients on the efficient deployment of American capital to bring renewable energy to market.â
Most recently Ferguson led tax strategy for UPS, the world's largest parcel delivery and transportation company. With more than 15 years in various roles at UPS, Ferguson will provide Reznick Group clients with the benefit of his experience initiating alternative investment opportunities using tax credits such as energy tax credits. Other professional services that the renewable energy practice will offer include project transaction structuring, certifying energy efficient construction and valuation services.
Ferguson served as director and general tax counsel for UPS. In addition to his experience in alternative investments, Ferguson's tax experience includes tax savings and product development initiatives, M&A transactions, corporate strategy, corporate finance, cross-border leveraged leasing, debt and equity financing, joint ventures, infrastructure development and project finance.
âMatt's experience is a solid match for Reznick Group's goal to expand our renewable energy practice,â said Baggett. âHis impressive track record as a tax and transaction attorney negotiating and structuring investments that generate tax credits will undoubtedly allow us to achieve success in this area by providing the most effective investment opportunities for our clients.
Ferguson holds a bachelor's degree in financial management and marketing from Franklin Pierce College in addition to a J.D. from Georgia State University College of Law. He is a member of the District of Columbia, Georgia and New York Bar Associations.