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Troutman Pepper Locke

Navigating the One Big Beautiful Bill Act: A Practical Guide

Troutman Pepper Locke on

On July 4, 2025, H.R. 1 — the One Big Beautiful Bill Act (the OBBBA) was enacted into law. We discussed the version of the bill that passed in the House in May (the House bill) in our previous update. On July 1, the Senate...more

McDermott Will & Emery

The One Big Beautiful Bill Act: Navigating clean energy tax credits in a new era

On July 4, 2025, US President Donald Trump signed into law a budget reconciliation bill known as H.R.1: the One Big Beautiful Bill Act (OBBBA). The OBBBA generally accelerated phase-outs to the Inflation Reduction Act of 2022...more

Husch Blackwell LLP

FEOC Restrictions on Energy Tax Credits: An Update

Husch Blackwell LLP on

On July 1, 2025, the U.S. Senate passed a version of the One Big Beautiful Bill Act that differed significantly from the version previously passed on May 22 by the U.S. House of Representatives as H.R. 1. Front of mind for...more

White & Case LLP

Amendments to IRA Tax Credits in Congressional Budget Bill

White & Case LLP on

Update: The House of Representatives passed (by a vote of 218-214) the budget reconciliation bill (H.R. 1, the "One Big Beautiful Bill Act") on July 3, 2025. The bill now goes to the President for signature....more

Davies Ward Phillips & Vineberg LLP

Bill C-5: Canada’s Approach to Accelerating Major Projects

On June 6, 2025 the federal government tabled Bill C-5, the One Canadian Economy Act, carrying out Prime Minister Carney’s election commitment to provide “one-window” regulatory decisions through a newly established Federal...more

Carey Olsen

Renewable Energies guide Bermuda (Legal 500)

Carey Olsen on

This chapter provides information about the current issues affecting renewable energy in Bermuda and addresses topics such as key regulators, government incentive schemes, key contracts, foreign investment, COP26 as well as...more

Foley & Lardner LLP

Key Provisions of the One Big Beautiful Bill (H.R.1) Related to Foreign Ownership and Foreign Supply (FEOC)

Foley & Lardner LLP on

Applicable Limitations on Tax Credits under Sections 48E, 45Y, and 45X: The below summary describes provisions in the One Big Beautiful Bill that were passed by the House and are currently under consideration in the...more

Wilson Sonsini Goodrich & Rosati

The One Big Beautiful Bill: Tax Provisions Impacting the Energy and Climate Solutions Sector

On May 22, 2025, the U.S. House of Representatives approved H.R. 1, also known as the “One Big Beautiful Bill Act” (the House Bill).1 The House Bill will next be considered by the U.S. Senate, and the administration has set a...more

White & Case LLP

Amendments to IRA Tax Credits in the House Budget Bill

White & Case LLP on

On May 22, 2025, the House of Representatives passed (by a vote of 215-214-1) its version of the budget reconciliation bill (H.R. 1, the "One Big Beautiful Bill Act") containing numerous tax reform provisions. Below are our...more

Hogan Lovells

House advances 'One Big Beautiful Bill': Implications of new FEOC restrictions on clean energy tax credits

Hogan Lovells on

On May 12, 2025, the House Ways and Means Committee reported out a significant tax reconciliation bill, known as the “One, Big, Beautiful Bill.” While the bill aims to extend and enhance several provisions from the 2017 Tax...more

Holland & Knight LLP

Algeria Seeks Oil and Gas Investment

Holland & Knight LLP on

Algeria, a country with a rich history in hydrocarbon production, is making significant strides in attracting global oil and gas investments. The National Agency for the Valorization of Hydrocarbon Resources (ALNAFT) has...more

Mayer Brown

US-Ukraine Minerals Deal: Unlocking Ukraine's Mineral Potential

Mayer Brown on

On 30 April 2025, the Governments of Ukraine and the United States of America signed an Agreement on the Establishment of a United States-Ukraine Reconstruction Investment Fund (the "Agreement"). The official final draft of...more

Baker Botts L.L.P.

Stargate looks to future European digital infrastructure investments

Baker Botts L.L.P. on

As recently reported by the Financial Times, the Stargate project is considering future investments into digital infrastructure in Europe, with consideration being given to data centre projects in each of the UK, France and...more

Hogan Lovells

Energy Buzz: The Nuclear Option – African states phase nuclear power into their energy strategies

Hogan Lovells on

With demand for reliable energy sources on the increase, more than 20 African states have signalled interest in developing nuclear power programmes. Nuclear power presents itself as an attractive, carbon-free alternative to...more

Flaster Greenberg PC

Energy Cooperation Connects Israel with Islamic Nation

Flaster Greenberg PC on

During a week when starved Israeli hostages, resembling Holocaust survivors, were finally returned by Hamas in a macabre ceremony, few people focused on a story involving natural gas. However, in the long term, this could...more

WilmerHale

A Proposal for Arbitrating Disputes Arising from Nuclear Damage

WilmerHale on

Many States are increasingly turning to nuclear energy as a power source. There are plenty of good reasons why: the promise of low greenhouse gas emissions; reliable energy supply; and long-term fuel availability. 2024 saw...more

Morgan Lewis

OFAC Issues Syria General License and FAQs Easing Sanctions

Morgan Lewis on

The US Office of Foreign Assets Control (OFAC) issued Syria General License 24 (GL 24) authorizing certain transactions with the new Syrian government and easing some transactions related to energy and personal remittances....more

BakerHostetler

[Event] Protecting the International Project from Catastrophe - November 12th, Houston, TX

BakerHostetler on

Avoiding Risk and Responding to It - You are cordially invited to a panel discussion with industry leaders from the energy sector, hosted by BakerHostetler's Energy, International Trade and International Arbitration and...more

White & Case LLP

Secondary market activity in Australia’s offshore wind sector

White & Case LLP on

It has been a productive year for the Australian Government through its award of multiple feasibility licences under the Offshore Electricity Infrastructure Act 2021 (Cth) and its associated regulatory framework (OEI...more

Jones Day

2024 Mexican Constitutional Reform Bill: Proposed Changes for Foreign Investors in the Electricity Sector

Jones Day on

On February 5, 2024, President López Obrador sent the Reform Initiative to the Chamber of Deputies. This, in turn, was submitted to the United Commission of Constitutional and Energy Matters for review....more

Husch Blackwell LLP

Agricultural Land and Foreign Investment

Husch Blackwell LLP on

Developers of renewable energy projects, many of which are built on agricultural land, should understand local laws and restrictions on foreign ownership and investment in these parcels. Roughly half of US States have...more

Awatif Mohammad Shoqi Advocates & Legal...

What Has Been the Impact of UAE Energy Regulatory Reforms on Global Investments?

The impact of UAE energy regulatory reforms on global investments has been significant and multifaceted. The UAE's implementation of Federal Decree-Law No. 17/2022, regulating the connection of distributed renewable energy...more

White & Case LLP

Colombia update – Investors face policy shifts in Colombian Energy Sector

White & Case LLP on

Investors in the Colombian energy sector are facing evolving challenges, as regulatory actions are being implemented by the Colombian government. Regulatory actions taken by the Colombian government since late 2022 in the...more

A&O Shearman

A future for offshore wind in Vietnam?

A&O Shearman on

Vietnam’s Power Development Plan VIII ("PDP8") has set an ambitious target of 6GW of offshore wind ("OSW") by 2030. Unlike Vietnam’s previous power development plans that provided a list of projects within scope, PDP8 only...more

McDermott Will & Emery

[Webinar] Foreign Sponsors Breaking into the US Renewables Market: Challenges and Solutions - May 3rd, 12:30 pm ET

McDermott Will & Emery on

Join us for the Navigating the New Energy Landscape Webinar Series as we discuss foreign sponsors seeking to break into the US renewables market....more

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