On February 13, 2023, the Internal Revenue Service (“IRS”) issued its “initial guidance” regarding the Low-Income Communities Bonus Credit Program (the “Program”) established by the Inflation Reduction Act of 2022 (the “IRA”)...more
Clean energy technology has been on the rise. As companies strive to become more sustainable and the cost of manufacturing renewable energy continues to decline, we’re taking a look at the driving factors behind the shift...more
7/16/2021
/ Biden Administration ,
Clean Energy ,
Energy Sector ,
Environmental Social & Governance (ESG) ,
Infrastructure ,
Investors ,
Multinationals ,
Private Funds ,
Private Investment Funds ,
Public Utility ,
Renewable Energy ,
Sustainability ,
Technology Sector ,
Utilities Sector
Continued commitments to renewable generation in 2021 mean that corporate purchasers remain major drivers in the development of new wind and solar power generation projects in the United States. Megawatt numbers vary...more
7/8/2021
/ Clean Energy ,
Corporate Governance ,
Energy Market ,
Energy Sector ,
FERC ,
Regulatory Oversight ,
Renewable Energy ,
Solar Energy ,
State and Local Government ,
Supply Chain ,
Wind Power
Investors are increasingly focused on Environmental, Social, and Governance (ESG), and more companies are reporting on these statistics. Reporting on ESG metrics is challenging because there is a lack of consistency in the...more
Offshore Wind Goes West. On May 25, the Biden administration and the State of California announced an effort to develop areas off of the coast of California for up to 4.6 GW of offshore wind generation. While Northeastern...more
In light of a recent IRS Private Letter Ruling addressing public utility property and loss disallowance rules, here are six key items to be aware of today in tax equity transactions for renewable energy projects owned by...more