Lenders making back-levered term loans to wind and solar projects focus on tax equity terms that impact their access to project cash flows and ability to foreclose.
Key Points:
..Most operating period term loans to US...more
1/8/2020
/ Energy Projects ,
Finance Lender ,
Financial Sponsors ,
Foreclosure ,
Letter of Credit ,
Leveraged Finance ,
Project Finance ,
Renewable Energy ,
Solar Energy ,
Tax Equity ,
Wind Power
IRS seeks comments on key technical questions under the 45Q Credit regime that should spur industry growth.
Key Points:
..The 45Q Credit, which was significantly broadened in 2018, provides a tax credit for each metric...more
Appendix at pages 34-43 includes a series of transactional diagrams outlining the main structuring issues in the international context.
Key Points:
..The legislation alters fundamental aspects of US business taxation...more
1/11/2018
/ Corporate Taxes ,
Energy Sector ,
Mortgage REITS ,
Multinationals ,
Net Operating Losses ,
Private Investment Funds ,
Repatriation ,
Tax Cuts and Jobs Act ,
Tax Deductions ,
Tax Rates ,
Tax Reform
Major tax overhaul will reshape the renewables and energy industries.
Key Points:
..Sponsors must navigate new tax rules in search of lowest after-tax capital structures.
..A new cross-border tax threatens to...more
Bold proposal seeks changes to tax credits, depreciation, and corporate tax rates.
Key Points:
- Production Tax Credits are cut by more than one-third.
- Bill may impact existing and future tax equity...more
New rules provide wind developers with additional time to satisfy a critical safe harbor.
On December 15, 2016, the Internal Revenue Service (IRS) issued Notice 2017-4, which modifies the “continuity safe harbor” as set...more
Favorable decision clarifies the value of cash grants and investment tax credits for renewable energy projects.
A large wind developer won a significant victory in the Court of Federal Claims on October 28 in a case that...more