Here are soundbites from panelists who spoke at Infocast’s Wind Finance & Investment Summit on February 6 and 7 in Carlsbad, CA. The attendance at the event appeared strong, and the mood was generally optimistic....more
Despite being to a leasing trade association, the focus of the presentation is the partnership flip structure. The presentation includes appendices on the phase down of tax credits for solar and the phase out of tax credits...more
1/25/2019
/ Depreciation ,
Energy Market ,
Energy Projects ,
Energy Tax Incentives ,
Financing ,
Investment Tax Credits ,
Oil & Gas ,
Operating Lease ,
Production Tax Credit ,
Solar Energy ,
Tax Deductions ,
Tax Equity
The soundbites are edited for clarity and are organized by topic, rather than in chronological order.
The topics covered include the tax equity, debt and M&A markets, C&I solar, offshore wind, bonus depreciation,...more
9/13/2018
/ Bonus Depreciation ,
Corporate Financing ,
Energy Projects ,
Energy Storage ,
Green Bonds ,
Infrastructure ,
Offshore Wind ,
Production Tax Credit ,
Renewable Energy ,
Solar Energy ,
Tax Cuts and Jobs Act ,
Tax Equity ,
Tax Reform ,
Utilities Sector
We have published our Legal Update on the Federal Circuit’s opinion in the Alta Wind case involving the calculation of eligible basis for 1603 Treasury cash grant purposes. The 1603 Treasury cash grant rules “mimic” the...more
9/11/2018
/ 1603 Grants ,
Acquisitions ,
Appeals ,
Energy Projects ,
Energy Sector ,
Energy Tax Incentives ,
Investment Tax Credits ,
Power Purchase Agreements ,
Production Tax Credit ,
Remand ,
Renewable Energy ,
Utilities Sector ,
Vacated ,
Wind Power
The Bipartisan Budget Act of 2018 (H.R. 1892) (the “Act”) was enacted on February 9, 2018. The Act is a two-year budget agreement that includes a number of provisions extending lapsed renewable energy-related tax credits;...more
2/15/2018
/ Anti-Avoidance ,
Base Erosion Tax ,
Energy Projects ,
Energy Sector ,
Energy Tax Incentives ,
Excise Tax ,
Federal Budget ,
Investment Tax Credits ,
Production Tax Credit ,
Renewable Energy ,
Renewable Energy Incentives ,
Solar Energy ,
Tax Credits ,
Wind Power
A Word About Wind has published our article What Is the Impact of Tax Reform on US Wind Tax Equity Deals? in its blog (subscription required) and newsletter. ...more
1/19/2018
/ Base Erosion Tax ,
Bonus Depreciation ,
Business Taxes ,
Compensation & Benefits ,
Corporate Taxes ,
Energy Projects ,
Energy Sector ,
Infrastructure ,
Investment Tax Credits ,
Partnerships ,
Popular ,
Production Tax Credit ,
Renewable Energy ,
Tax Deductions ,
Tax Equity ,
Tax Planning ,
Tax Rates ,
Tax Reform ,
Trump Administration ,
Wind Power
Yesterday, the House voted 227 to 303 in favor of the tax reform bill agreed to by the conference committee. No Democrats voted for the House bill, and 12 Republicans from high tax states voted against it. The Senate was...more
12/21/2017
/ Alternative Minimum Tax ,
Corporate Taxes ,
Energy Sector ,
Investment Tax Credits ,
Legislative Agendas ,
MACRS ,
Power Purchase Agreements ,
Production Tax Credit ,
Proposed Legislation ,
Renewable Energy ,
Tax Credits ,
Tax Reform ,
Trump Administration
The US tax reform bill that the Senate passed on December 2, 2017—along partisan lines in a 51 to 49 vote—is a mixed bag for the tax equity market. The bill is now headed to the conference committee, consisting of House of...more
12/7/2017
/ Alternative Minimum Tax ,
Corporate Taxes ,
Investment Tax Credits ,
Legislative Agendas ,
Monetization ,
Production Tax Credit ,
Proposed Legislation ,
Renewable Energy ,
Tax Credits ,
Tax Equity ,
Tax Reform ,
Trump Administration
On Thursday, November 2, Republicans in the US House of Representatives released their proposed tax reform legislation, providing for massive alterations to tax law. The proposed legislation would trim tax benefits applicable...more
11/6/2017
/ Automotive Industry ,
Electric Vehicles ,
Energy Projects ,
Energy Sector ,
Energy Tax Incentives ,
Investment Tax Credits ,
Production Tax Credit ,
Proposed Legislation ,
Renewable Energy ,
Solar Energy ,
Tax Code ,
Tax Credits ,
Tax Reform ,
Wind Power
The National Renewable Energy Laboratory (NREL), a federally-owned laboratory that is funded through the U.S. Department of Energy, recently released a report titled Wind Energy Finance in the United States: Current Practice...more
The U.S. Department of Energy recently released its 2016 Wind Technologies Market Report. The 94-page report provides an in-depth review of the current health and direction of the wind industry, replete with data, analysis...more
8/28/2017
/ Debt Market ,
Department of Energy (DOE) ,
Emerging Markets ,
Energy Sector ,
Production Tax Credit ,
Renewable Energy ,
RGGI ,
State Taxes ,
Tax Equity Partnership ,
Tax Reform ,
Wind Power
The American Wind Energy Association’s (AWEA) annual conference, WindPower, was held in Anaheim, California. Below are soundbites from panel discussions on May 24, 2017. The soundbites were prepared without the benefit of a...more
7/31/2017
/ Capacity Market ,
Clean Energy ,
Corporate Taxes ,
Energy Policy ,
Energy Sector ,
Independent Power Producers (IPPs) ,
Legislative Agendas ,
Production Tax Credit ,
Renewable Energy ,
Tax Rates ,
Tax Reform ,
Wind Power
On April 11, the IRS announced an inflation adjustment increase in the production tax credit (“PTC”) for power sold in 2017 that is generated by wind, closed-loop biomass, geothermal projects to 2.4 cents from the prior 2.3...more
On March 9, 2017, Oklahoma’s House of Representatives passed H.B. 2298, which would end the Oklahoma production tax credit for wind energy production three and a half years earlier than current law. This measure was first...more
Oklahoma governor Mary Fallin (R) recently released her proposed 2018 Executive Budget, which includes two new anti-wind tax proposals. The first proposal would end the zero-emission tax credit for wind facilities placed in...more
Below are soundbites from panelists at the Infocast Wind Power & Finance Investment Summit on February 28, 2017 in Rancho Bernardo, California. The soundbites are organized by topic, rather than in chronological order, and...more
2/28/2017
/ Clean Power Plan ,
Corporate Taxes ,
Critical Infrastructure Sectors ,
Energy Market ,
Energy Projects ,
Energy Sector ,
Investment Tax Credits ,
Mexico ,
Oil & Gas ,
Power Purchase Agreements ,
Production Tax Credit ,
Renewable Energy ,
Renewable Energy Investments ,
Solar Energy ,
Tax Policy ,
Tax Reform ,
Trump Administration ,
Utilities Sector ,
Wind Power
On December 15, 2016, the US Internal Revenue Service (the “IRS”) released Notice 2017-4 (the “Notice”), which updates previous IRS “start of construction” guidance by extending the Continuity Safe Harbor to December 31,...more