Figaro Enterprise Inc. is a consultancy firm focused on facilitating investments in renewable energy projects, specifically targeting individuals and institutional investors aiming to leverage valuable tax benefits provided by the federal government. These incentives include a 30% Business Energy Investment Tax Credit (ITC) and Accelerated Depreciation under MACRS for real property assets.
Figaro Enterprise Inc., founded on March 03, 2016, is based in West Palm Beach, Florida. Headquartered at PO Box 15668, the company operates primarily as a project developer within the renewable energy sector, especially solar projects. Its core mission is to provide exceptional solutions and services that exceed client expectations through its expertise in construction project development, management, and general operations.
The firm is renowned for utilizing a 'Partnership Flip' method where tax equity investors initially own a majority stake in a project to realize tax advantages, transitioning ownership back to the developer post-benefit realization. This strategy has enabled Figaro Enterprise Inc. to bypass traditional barriers faced in commercial solar projects by developing robust relationships with integrators and tax equity investors.
An innovative aspect of their operations is offering assistance through a 100% free electricity donation program aimed at supporting various organizations. As of its latest annual report dated March 12, 2024, Figaro Enterprise Inc. maintains transparency in governance with officers like Anthony Figaro serving as President and Kessa Figaro as Vice President Secretary.
The company is not affiliated with any banking institutions but actively collaborates with partners who bring common-sense financing solutions to support widespread access to solar energy. With a history of over 25 years in the construction field, coupled with its team of experts including engineers, designers, and installers, Figaro Enterprise Inc. stands as a flexible entity equipped to bridge the gap between small and large-scale renewable energy projects where others might not succeed.
For more information, visit their website at figaroenterprise.com.
KEY FACTS ABOUT FIGARO ENTERPRISE INC.
-
US Businesses
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Companies in Florida
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Palm Beach County Companies
- Company name
- FIGARO ENTERPRISE INC.
- Status
- Active
- Filed Number
- P16000019847
- FEI Number
- 81-1806708
- Date of Incorporation
-
March 3, 2016
Age - 10 years
- Home State
- FL
- Company Type
- Domestic for Profit
CONTACTS
- Website
- http://figaroenterprise.com
- Phones
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(516) 690-7674
(516) 425-6763
(646) 388-2453
(646) 234-6313
FIGARO ENTERPRISE INC. NEAR ME
- Principal Address
- 6915 ALISO AVE,
WEST PALM BEACH,
FL,
33413,
US
- Mailing Address
- PO Box 15668,
West Palm Beach,
FL,
33416,
US
See Also