Latest project finance insights

Disappointing property tax outcomes
Two property tax cases had frustrating outcomes.
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New tax credits for semiconductors
A new semiconductor tax credit intended to spur construction of new factories may not lead to much tax equity investment.
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Right-side, left-side issues in tax equity deals
Right-side, left-side issues are getting more attention in tax equity transactions.
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FERC and PJM tackle bloated interconnection queues
The Federal Energy Regulation Commission proposed new rules in June to revamp the way interconnection requests are processed, and PJM...
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Renegotiating PPAs
Construction delays and cost increases are forcing renegotiation of power purchase agreements before renewable energy projects can be financed...
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Tax equity partnerships that lose money
A tax equity partnership does not have to expect a profit apart from tax credits, a US appeals court said in early August.
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Embracing hydrogen
Two competing narratives about hydrogen played out the last two years in the press. One was that hydrogen is being pitched by the fossil fuel community...
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The Inflation Reduction Act and DOE loan programs
The Inflation Reduction Act upsizes the existing US Department of Energy loan programs. It also establishes new programs for transmission projects and...
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The evolving energy storage market
The energy storage market is still in its infancy, but it is evolving rapidly. Portfolios of standalone utility-scale batteries are now being financed...
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Current financing challenges
How are tax equity investors and lenders addressing the unusually large number of risks this year? Tangled supply chains and labor shortages are caus...
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Environmental update: August 2022
The Senate majority leader, Chuck Schumer (D-NY), had to agree to a broad outline for a separate permitting reform bill to win support from Senator...
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August 2022
IN THIS ISSUE Searching for opportunities in the Inflation Reduction Act Companies are scrambling to assess the effects of the Inflation Reduction Act on t
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Schumer-Manchin Deal Bolts Forward
The tax equity market will look different if the surprise deal that the Senate majority leader, Chuck Schumer, sealed yesterday with Democratic holdout Joe
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Effects Of West Virginia v EPA On Power Sector
The US Supreme Court today rejected six to three certain steps the EPA tried in the past to regulate greenhouse gas emissions.
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Customs gets tougher on forced labor
Solar companies are anxious about whether tougher enforcement of a US prohibition against importing products that benefited from Chinese forced labor will
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