Wed, May 24, 2023

Kroll Expands Valuation Advisory Services for Renewable Energy with Two Industry Specialists in Tax Equity and Cost Segregation

Growth further strengthens Kroll’s advisory services in infrastructure and renewable energy

New York – Kroll, the leading independent provider of global risk and financial advisory solutions, announced today the expansion of the firm’s Valuation Advisory Services for renewable energy with the addition of Mike Bammel as Managing Director and Anthony Vu as Director. This team of industry experts further strengthens Kroll’s energy and tax equity appraisal services by adding complementary expertise in appraisal and cost segregation for valuing renewable energy facilities for structured finance transactions such as tax equity partnership flips and sale/leaseback.

Demand for independent valuation advisory for tax equity partnership transactions and related cost segregation analysis continues to increase following the implementation of the Inflation Reduction Act of 2022. Appraisal and cost segregation are instrumental in renewable energy facilities’ valuations, particularly with identifying eligible property that qualifies for the federal Business Investment Tax Credit and Production Tax Credits.

The team will report to David Scott, Managing Director and Energy & Mining Industry Leader and Ross Prindle, Managing Director and Real Estate Advisory Group Leader.

David Scott, Managing Director at Kroll said, “The addition of this highly specialized renewable tax equity and cost segregation team perfectly complements our energy practice’s presence in renewable energy services. Their arrival highlights the continued enhancements we’re making to our services focused on renewable energy to ensure we can address the evolving needs of our clients. I look forward to working with Mike and Anthony on their integration as we continue to grow our energy practice at Kroll.”

Bammel and Vu bring over 55 years of combined expertise working closely with developers, sponsors, investors, counsels, engineers and financial advisors for infrastructure and renewable energy. The team brings extensive knowledge in renewable energy projects, including investment tax credits (ITC), capitalization and recovery periods. Previously the team was a part of JLL and Marshall & Stevens, where the team built a reputation for high quality client service, due diligence, transaction insights and appraisal reporting.

Kroll’s real estate and valuation advisory services focus on providing companies an objective and independent assessment of value. Leveraging a unique combination of accounting, finance and real estate expertise, combined with the use and development of sophisticated valuation methodologies, we can fulfill even the most complex financial reporting and tax requirements. The Energy business advises clients on deep operational knowledge, market and legal understanding of the industry and corporate finance and accounting expertise. The team works with oil and gas organizations to rationalize portfolios, raise private debt and capital, find cost reduction opportunities and successfully navigate regulatory and tax law changes.

About Kroll

As the leading independent provider of risk and financial advisory solutions, Kroll leverages our unique insights, data and technology to help clients stay ahead of complex demands. Kroll’s team of more than 6,500 professionals worldwide continues the firm’s nearly 100-year history of trusted expertise spanning risk, governance, transactions and valuation. Our advanced solutions and intelligence provide clients the foresight they need to create an enduring competitive advantage. At Kroll, our values define who we are and how we partner with clients and communities. Learn more at

For More Information, Contact:
Devonne Cusi
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