News & Analysis as of

Investment Tax Credits Investment

Husch Blackwell LLP

New Bill Language Released Over the Weekend Contains Entirely New Excise Tax on Wind and Solar Projects

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Over the weekend, the Senate released a revised draft of the One Big Beautiful Bill Act, containing important revisions to clean energy tax credits and that, if passed, will impact the entire renewables industry. With this...more

Ropes & Gray LLP

The Current State of Energy and Infrastructure in the US: Key Takeaways from Proximo Congress 2025

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Ropes & Gray attended Proximo Congress 2025 in Nashville last week, where leading dealmakers and advisors convened to discuss the future of energy and digital infrastructure in the US against a backdrop of immense policy...more

Paul Hastings LLP

What’s Next for French Offshore Wind Power? Blowin’ in the Wind

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Is stormy weather on the horizon for the offshore wind energy industry? The combination of rising supply costs, increased interest rates and significant execution risk has hurt the profitability of projects and led some...more

Jones Day

The One, Big, Beautiful Bill: Impact on Clean Energy Tax Credits

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The One, Big, Beautiful Bill would significantly limit tax credits for clean energy and manufacturing introduced or expanded under the Inflation Reduction Act of 2022....more

Foley & Lardner LLP

Mexico's President Offers Opportunities for Local and Foreign Investors

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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

Offit Kurman

Will 2025 Bring Greater Equity Investment and Debt Financing in NJ? NJ Aspire 3.0 aspires to do just that.

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On January 23, 2025, Governor Phil Murphy enacted significant amendments to the New Jersey Aspire Program by signing Senate Bill 1323/Assembly Bill 2076 into law. The amendments, collectively referred to as “NJ Aspire 3.0”...more

Cadwalader, Wickersham & Taft LLP

Final Rules on Energy Tax Credit Sales Confirm All Systems Go

The Inflation Reduction Act of 2022 (the “IRA”) now allows firms to develop and sell clean energy tax credits.  In our last update, we discussed how the emerging market for tax insurance may provide comfort to prospective...more

Husch Blackwell LLP

Covering the Basics: Common Renewable Energy Project Financing Options

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As the shift from fossil-based energy production to renewable energy sources continues, growth in renewable energy projects under development has been staggering. But moving projects from early-stage development to commercial...more

Bracewell LLP

The Investment Tax Credit for Offshore Wind Projects: A Second Look at the Proposed Regulations under Section 48

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On November 22, 2023, the Internal Revenue Service and Treasury Department released proposed regulations (the Proposed Regulations) relating to the investment tax credit (the ITC) under Section 48 of the Internal Revenue Code...more

Seward & Kissel LLP

Government Tax Incentives for Offshore Wind Investments

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Background Offshore wind investments have become increasingly popular within the renewable energy sector due to the vital role they play in the global transition to clean energy. United States congress has created federal tax...more

DarrowEverett LLP

How Renewable Energy Developers Can Maximize ITC Value In Deal-Making

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On August 16, 2022, President Joe Biden signed into law the Inflation Reduction Act of 2022 (the “Act”). Among other things, the Act has notable consequences for the renewable energy industry, including restoring the...more

DarrowEverett LLP

Here Comes the Sun: The Inflation Reduction Act Provides a Multitude of New Tax Incentive Opportunities for the Solar Industry

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On August 16, 2022, President Biden signed the Inflation Reduction Act of 2022 (“IRA” or the “Act”) into law. The IRA, which contains several energy-related tax credits and extends and modifies some existing credits in the...more

Proskauer - Tax Talks

UK Mini Budget 2022

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The Chancellor today unveiled the UK’s 2022 Growth Plan which has been described as being “the biggest package of tax cuts in generations”. We have summarised here the tax changes that we think will be of interest to our...more

Vinson & Elkins LLP

Clean Energy Tax Proposals in Biden’s New “Build Back Better” Framework

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Faced with opposition from within his own party, President Biden last week unveiled a new, pared down framework for his “Build Back Better” agenda. Following release of the president’s framework, H.R. 5376 (the “Build Back...more

Holland & Hart LLP

Will Congress Recast the Economics of Renewable Energy Project Development and Investment?

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As the 117th Congress works to enact legislation implementing President Biden’s “Build Back Better Recovery Plan,” extending and expanding current renewable energy tax incentives will be an integral part of the discussion....more

Mintz - Energy & Sustainability Viewpoints

Policy and Legal Implications of Implementing Renewable Energy at Scale: Finance Gap for Innovation Deployment (Part 4 of 6)

The Problem: Finance Gap for Innovation Deployment - The last decade has seen tremendous innovations in cleantech that have not only brought new products, but also a fall in prices to consumers. For example, the average...more

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