Former Treasury Insider Joins Concord to Navigate Complex Clean Energy Tax Credits

Louisville, Ky. – November 8, 2025 – As the Inflation Reduction Act (IRA) unleashes a wave of clean energy investment, navigating the complex web of tax credits and compliance requirements is proving to be a significant hurdle for many organizations. Concord Energy Strategies, a specialized advisory firm, is bolstering its expertise with the addition of Matt Doyle, a former Senior Advisor at the U.S. Department of the Treasury, as a Senior Strategic Advisor.

Doyle, who played a key role in implementing clean energy tax credits under the IRA, will contribute to the development of Caisson, Concord’s tax credit compliance platform. This move underscores the growing demand for specialized guidance in a rapidly evolving landscape, where billions of dollars in incentives are at stake.

Untangling the IRA's Complexities

The IRA promises substantial financial benefits for clean energy projects, from wind and solar farms to energy-efficient buildings. However, accessing these incentives requires meticulous adherence to a complex set of rules, including provisions related to prevailing wage requirements, domestic content sourcing, and increasingly stringent compliance standards.

“The IRA is a game-changer for the clean energy sector, but it’s also incredibly complex,” explains a source familiar with the IRA’s implementation. “Organizations are facing a steep learning curve, and the risk of non-compliance is high.”

Concord Energy Strategies has established itself as a key player in helping organizations navigate these challenges. Since 2009, the firm has guided projects across the United States through federal and state incentive programs, helping clients access over $1 billion in incentives. The addition of Doyle is expected to further strengthen Concord’s position in the market.

“Matt is one of the rare people who helped shape the implementation of the largest clean energy investments in history, and can explain it to you in plain English,” said Dennis Stilger Jr., Founder and Managing Director of Concord. “His expertise strengthens our ability to deploy new product features, ensure our tools reflect evolving IRS guidance, and provide clarity to the industry.”

Beyond Compliance: The Rise of New Regulations

The regulatory landscape surrounding clean energy tax credits is constantly evolving. Recent developments, such as the implementation of Foreign Entity of Concern (FEOC) rules, are adding another layer of complexity for project developers.

These rules aim to restrict the involvement of foreign entities in U.S. clean energy projects, raising concerns about supply chain security and national security. Organizations must carefully vet their suppliers and partners to ensure compliance with these regulations.

Doyle will be presenting at the upcoming NAESCO R3 Conference to address these evolving regulations and offer guidance on navigating the complexities of the FEOC rules.

“The FEOC rules are a significant development, and organizations need to understand their implications,” says a project finance professional specializing in renewable energy. “Compliance is essential, and failing to do so could jeopardize access to valuable tax credits.”

Caisson: A Platform for Navigating Complexity

Concord’s Caisson platform is designed to streamline the process of claiming clean energy tax credits. The platform automates many of the manual tasks associated with compliance, helping organizations reduce errors and minimize risk.

By incorporating Doyle’s expertise, Concord aims to enhance Caisson’s capabilities and provide even more comprehensive support for its clients. The firm is focusing on integrating real-time regulatory updates and advanced analytics to help organizations identify potential compliance issues and optimize their tax credit strategies.

A Growing Market for Expertise

The demand for specialized expertise in clean energy tax credits is expected to continue to grow as the IRA drives increased investment in the sector.

“We are seeing a surge in demand for our services,” says a source at a competing tax credit consulting firm. “Organizations are realizing that they need expert guidance to navigate the complexities of the IRA and maximize their tax credit benefits.”

Concord’s strategic move to bring on a former Treasury advisor positions the firm for continued success in this rapidly evolving market. By combining its existing expertise with Doyle’s deep understanding of the IRA, Concord is well-equipped to help organizations unlock the full potential of clean energy incentives and accelerate the transition to a more sustainable future.

As one industry expert notes, “The IRA isn’t just about the money; it’s about building a clean energy economy. And that requires expertise, innovation, and a commitment to compliance.”