While the market witnessed a flurry of renewable energy and clean tech IPOs from 2010-2015, they have become much rarer in recent years despite markedly improved market fundamentals. In this article, we highlight current...more
Welcome to the EDGE Advisory: Distributed Energy Finance Report for May 2016. Technology, financing and market innovations are disrupting the energy markets and creating massive opportunities for deployment of distributed...more
Below are selected insights from the Infocast Wind Finance conference last week in San Diego. First, as an indicator of the overall interest in wind finance, the conference had twice as many registrants as last year. The...more
An important development in the financing of solar, wind and other renewable energy projects in 2015 was the use of a flexible investment and financing vehicle referred to as a “warehouse.” Akin to traditional warehouse...more
In this edition of Seyfarth Shaw’s Energy Insights Newsletter, our Energy and Clean Technologies team covers important developments in Q4 2015 for the energy industry including collateral tax benefits granted to YieldCos, the...more
Renewable Energy Focus - U.S. maintains solar tariffs, mixed response from industry - PV Magazine - Jul 9: Anti-dumping (AD) and countervailing duties (CVD) on Chinese c-Si PV modules imported into the growing U.S....more
Sponsors generally form a yieldco or a master limited partnership (MLP) because the structure of these permanent capital vehicles allows for the issuance of equity to investors at a lower cost of capital, providing a...more
Since the first wind deal utilizing a partnership in 2003 (also known as a “partnership flip,” a “pre-tax after-tax partnership,” or a “wind safe harbor partnership structure”), there has been a constant evolution of...more
Renewable Energy Focus: Carbon Emissions Stop Rising for First Time in 40 Years - Renewable Energy World - Mar 16: Global emissions were unchanged last year. This was the first time in four decades that emissions...more
In the past few years, many energy companies with investments in renewable energy projects have considered forming “yieldcos,” with five formations in 2013 and 2014. A yieldco is a growth-focused public company, typically...more
Ten practical considerations can help companies around the world tap the significant US capital market with IPOs. Investors in the United States continue the search for yield. Over the past several years, over 60...more
In our post on August 19, “Yieldcos – The New “Promised Land” of the Renewable Energy Space?”, we explored the Yieldco structure and why some renewable energy companies are considering them. We will now turn our attention to...more
The year 2014 is on track to be the most active IPO market in the United States since 2000, with the mid-year total number of IPOs topping last year’s mid-year total by more than 60%. There were 222 US IPOs in 2013, with a...more
The Renewable Energy Finance Forum Wall Street was held on June 25 and 26. Below are selected sound bites about YieldCos, tax equity and the capital markets opportunities for renewables. This post was prepared without the...more