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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

Wilson Sonsini Goodrich & Rosati

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

On July 4, 2025, President Trump signed H.R. 1, also known as the “One Big Beautiful Bill Act” (OBBB) into law. Initially approved by the U.S. House of Representatives on May 22, 2025, as described in our prior alert here,...more

Akin Gump Strauss Hauer & Feld LLP

Ending Market Distorting Subsidies for Unreliable, Foreign Controlled Energy Sources (Trump EO Tracker)

Directs the Secretary of the Treasury to issue new guidance within 45 days to enforce the termination of Sections 45Y and 48E tax credits for wind and solar under the One Big Beautiful Bill Act, including restricting safe...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

Morgan Lewis

EU Clean Industrial Deal: A New Plan to Bring Together Climate Action and Competitiveness

Morgan Lewis on

The European Union has adopted the Clean Industrial Deal, a roadmap aiming to bring together climate action and competitiveness under one overarching growth strategy for the EU industry. The European Commission released the...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

Hogan Lovells

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

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

White & Case LLP

Amendments to IRA Tax Credits in the House Ways and Means Budget Bill

White & Case LLP on

On May 14, 2025, the House Committee on Ways and Means advanced its budget reconciliation bill containing numerous tax reform provisions. Below are our summaries of the proposed amendments to certain tax credits under the...more

StoneTurn

A Tale of Two Industries: Indonesia’s Local Content Requirements

StoneTurn on

The Indonesian government’s approach towards local content requirements in two industries – telecommunication devices and renewable energy – underscores its need for investment and illustrates how different standards may be...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

Morgan Lewis

Investment Opportunities and Regulatory Framework in Kazakhstan

Morgan Lewis on

The Republic of Kazakhstan, having vast reserves of natural resources and being located at the intersection of Europe and Asia, competes for investments in the region. As such, and as laid out in this article, the government...more

Bennett Jones LLP

Bennett Jones Discusses Opportunities in Canadian Mining at PDAC 2025

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Despite current trade and geopolitical developments and uncertainties, Bennett Jones discusses opportunities for Canada’s mining industry in 2025 and beyond, including optimism driven by policy shifts and heightened demand in...more

Jones Day

President Trump's Executive Order on Unleashing American Energy: Potential Foreign Investors' Claims Against the United States

Jones Day on

On January 20, 2025, President Donald Trump issued the Executive Order on Unleashing American Energy, pausing the disbursement of grants and loans under the Inflation Reduction Act ("IRA") and the Infrastructure Investment...more

Foley & Lardner LLP

Mexico's President Offers Opportunities for Local and Foreign Investors

Foley & Lardner LLP on

On January 13th, 2025, President Sheinbaum presented the Mexico Plan (MP), which details tax incentives, provides for greater efficiency in administrative processes, and outlines investment goals for infrastructure related to...more

Foley & Lardner LLP

New President Offers Opportunities for Local and Foreign Investors

Foley & Lardner LLP on

On January 13th, 2025, President Sheinbaum presented the Mexico Plan (MP), which details tax incentives, provides for greater efficiency in administrative processes, and outlines investment goals for infrastructure related to...more

Mayer Brown

Europe Daily News, 24 January 2025

Mayer Brown on

COMPETITION - Prior notification of a concentration (Case M.11575 - Repsol / Bunge / Bisa) Commission clears acquisition of Connexa by CDPQ and OTTP (M.11836) - Midday Express...more

Morgan Lewis

Trump’s $20B Data Center Investment Announcement Underscores the Race for Data Center Capacity

Morgan Lewis on

Ahead of his inauguration at the end of January, President-elect Donald Trump announced that Damac Properties, controlled by Emirati billionaire Hussain Sajwani, will make at least a $20 billion investment to build data...more

Arnall Golden Gregory LLP

AGG Talks: Cross-Border Business Podcast - Episode 23: Shaping Georgia’s Energy Landscape: Insights From Commissioner Tim Echols

In this episode, Rebecca Davis and Caroline Magee, leaders of AGG’s ESG team, are joined by Georgia Public Service Commissioner Tim Echols to discuss the role of energy in the future of Georgia’s economy, as well as what U.S....more

Husch Blackwell LLP

State Restrictions on Foreign Land Investment: What Renewable Energy Developers and Financing Parties Should Know

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Renewable energy developers and financing parties are likely aware of the Agricultural Foreign Investment Disclosure Act (“AFIDA”), a federal law requiring disclosure of foreign investment in agricultural land. Increasingly,...more

White & Case LLP

Latin America Focus 2024

White & Case LLP on

We have witnessed significant challenges and transformation in Latin America in the past year. Businesses across the region have grappled with political tensions, macroeconomic uncertainty, high interest rates and shifting...more

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