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Energy Sector Transfers

Mitchell, Williams, Selig, Gates & Woodyard,...

Transferability of Energy Credits under the Inflation Reduction Act: What do you need to know?

Now that final regulations on the transferability of energy tax credits under the Inflation Reduction Act have been issued by the U.S. Department of Treasury (Treasury) and the Internal Revenue Service (IRS), many investors...more

Womble Bond Dickinson

IRS Publishes Final Regulations for Transfer of Certain Credits

Womble Bond Dickinson on

The Inflation Reduction Act of 2022 added Section 6418 to the Internal Revenue Code (the “Code”) to allow taxpayers to sell certain Federal income tax credits....more

Holland & Knight LLP

Inflation Reduction Act Direct Pay and Transfer Pre-Filing Registration Is Open for Business

Holland & Knight LLP on

The IRS launched its Inflation Reduction Act (IRA) Pre-Filing Registration Tool in late 2023 for elective (direct) payments under Section 6417 and tax credit transfers under Section 6418 of the Internal Revenue Code....more

Lowenstein Sandler LLP

DOE’s Recent RFI Specifies “Foreign Adversaries”–What Does It Mean?

Lowenstein Sandler LLP on

Reflecting increasing U.S. government concern regarding Chinese access to U.S. critical technologies and critical infrastructure, POWER magazine recently reported on the Department of Energy’s (DOE) publication of a Request...more

Best Best & Krieger LLP

City’s Electric Utility Fund Transfer to General Fund Upheld by Court - California Appellate Court Interprets Term “Increase” and...

The City of Riverside’s transfer of electric utility service charge revenue to the City’s general fund for general purposes was upheld last week by a California Appellate Court. ...more

Carlton Fields

Oil Supplier Appeals Conoco’s Right To Buy Stake In Refinery Unit

Carlton Fields on

In a long-standing dispute between Venezuelan state-owned Oil Company Petroleos de Venezuela SA (“Petroleos”) and ConocoPhillips, a New York district court judge upheld ConocoPhillips’ acquisition of a 50% stake in a Texas...more

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