News & Analysis as of

Energy Sector Court of Federal Claims

K&L Gates LLP

As Federal Grant Terminations Grow, Award Recipients Should Be Proactive, but Also Preserve Their Rights

K&L Gates LLP on

As the Trump Administration implements its agenda, executive agencies have moved to terminate billions of dollars in federal grants authorized under the Biden Administration. This alert discusses the administrative process...more

Eversheds Sutherland (US) LLP

Green Tax - Volume 1

Welcome to Green Tax, Vol. 1. Each quarter we will provide a recap of some of the important energy tax issues of the last quarter, including court rulings, IRS rulings and guidance, legislative activity, and more....more

Holland & Knight LLP

Tangible Basis of Property: Who Decides?

Holland & Knight LLP on

The American Recovery and Reinvestment Act of 2009 (ARRA) Section 1603 provided a cash grant (Grant) for "specified energy property" (as defined in ARRA Section 1603(d)). Specified energy property, within the meaning of ARRA...more

Eversheds Sutherland (US) LLP

Court issues opinions regarding inclusion of developer fees in cost basis under the Section 1603 Renewable Energy Cash Grant...

On June 20, 2019, the Court of Federal Claims released its opinions in the consolidated cases of California Ridge Energy, LLC v. U.S., C/A 1:14-cv-00250-RHH, and Bishop Hill Energy, LLC v. U.S., C/A 1:14-cv-00251-RHH. The...more

McDermott Will & Schulte

Act Now To Preserve Your Section 1603 Grant

McDermott Will & Schulte on

In Depth - We recently reported that on October 31, 2016, the US Court of Federal Claims issued its opinion in Alta Wind I Owner v. United States, in which the court determined that the value of the property eligible for...more

McDermott Will & Schulte

Court Awards $206 Million to Alta Wind Projects in Section 1603 Grant Litigation; Smaller Award to Biomass Facility

McDermott Will & Schulte on

The US Court of Federal Claims awarded damages of more than $206 million to Plaintiffs/applicants in a case with respect to the cash grant under Section 1603 of the American Recovery and Reinvestment Act of 2009 (Public Law...more

Akin Gump Strauss Hauer & Feld LLP

Court Sustains Treasury’s 2/3 Reduction of Cash Grant for Cogen Open-Loop Biomass Plant

The United States Court of Federal Claims on January 12 rendered an opinion in W.E. Partners II, LLC v. U.S. sustaining the Treasury Department’s reduction by approximately two-thirds of a Cash Grant for a cogeneration...more

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