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Brownfield Properties Fossil Fuel

Vinson & Elkins LLP

Treasury Updates its Energy Community Guidance

Vinson & Elkins LLP on

On March 22, 2024, the Internal Revenue Service (IRS) issued additional guidance in respect of the “Energy Community Bonus” in Notice 2024-30 (the “Notice”), which provides two key updates: (1) offshore wind farms have two...more

Foley & Lardner LLP

IRS Releases Guidance on Energy Community Credit Adder

Foley & Lardner LLP on

On April 4, 2023, the Department of Treasury (the “Treasury”) and the Internal Revenue Service (the “IRS”) released Notice 2023-29 (the “Notice”) providing a high-level overview of the rules they intend to include in...more

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