As previously discussed in our blog Inflation Reduction Act: Wage and Apprenticeship Requirements, the Inflation Reduction Act (the “IRA”) restructured the tax credit system associated with qualified clean energy projects...more
12/30/2022
/ Apprenticeships ,
Construction Project ,
Davis-Bacon Act ,
Employees ,
Energy Projects ,
Inflation Reduction Act (IRA) ,
Internal Revenue Code (IRC) ,
IRS ,
New Guidance ,
Popular ,
Prevailing Wages ,
Tax Credits ,
Tax Planning ,
U.S. Treasury ,
Wage and Hour
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
On February 19, 2020, the IRS published two guidance documents... of significant legal and commercial importance to the nascent market for carbon capture and sequestration production tax credits set forth in Section 45Q of...more
2/28/2020
/ Carbon Capture and Sequestration ,
Energy Projects ,
Equity Investors ,
Internal Revenue Code (IRC) ,
Investors ,
IRS ,
Market Participants ,
New Guidance ,
Production Tax Credit ,
Tax Credits ,
Wind Power
Securing interconnection and transmission rights and completing related upgrades is often the longest lead-time item in an electric generator’s development timeline. At the same time, many potential new power plants are being...more