Project Finance NewsWire Archive

December 2017 | Norton Rose Fulbright

Written by Admin | December 2017

IN THIS ISSUE

How the US tax changes affect transactions

At least a dozen provisions in a massive tax-cut bill that cleared the US Congress in mid-December will affect transactions in the power and broader infrastructure markets.

Financing projects with CCA contracts

As many as 23 counties in California have

Energy storage: unique PPA considerations

Developers are focusing on what terms to put in new offtake agreements ...

The liberal art of project finance

Greatly appreciated parental guidance on the value of the liberal arts educations children are receiving.

California cap-and-trade program recovers

Prices for greenhouse gas emission allowances under the California cap-and-trade program have rebounded in 2017.

Net metering and community solar

The shifting net metering policies in the United States affect the economics of community solar as well as residential solar.

Risk management for solar projects

A panel discusses The Solar Energy Industries Association's “Best Practices for Solar Risk Management” guide.

House tax bill: Effect on market

A draft tax-cut bill released Thursday by the chairman of the House tax-writing committee is a mixed bag for the power industry and infrastructure trade.

US House revises harmful wind provision

The US House walked back a provision in its tax-cut bill that has frozen the wind tax equity market.

US tax equity market could shrink with Senate bill | Norton Rose Fulbright

A base erosion and anti-abuse tax, in a massive tax-cut bill expected to be taken up next week by the US Senate could cause some tax equity investors to exit the market for renewable energy projects.

US Senate tax bill complicates renewable energy

The US Senate made two last-minute changes in a massive tax-cut bill yesterday that could prove harmful to renewable energy.

Final US tax bill: Effect on project finance market

At least a dozen provisions in the final tax bill released Friday night by US House and Senate negotiators will affect transactions in the power and broader infrastructure markets.

Environmental update

A top credit rating agency, Moody’s Investors Service Inc., put coastal communities in the United States on notice in late November that they must either start preparing for the impacts of climate change...


IN OTHER NEWS

Suniva tariffs

Solar companies are bracing for a decision by President Trump on whether to impose tariffs on imported solar cells and modules.

Perry NOPR

US Energy Secretary Rick Perry's proposal to require grid operators in competitive markets to dispatch coal and nuclear power plants ahead of other types of power is expected to...

CFIUS

CFIUS may be given authority to review more inbound foreign investment into the United States and to charge filing fees for doing so.

Solar installed costs

Solar projects were being built at an average cost in the United States of $1.03 a watt in the first half of 2017

PPA value

Two lawsuits that test whether the amount paid to buy a power project must be allocated partly to the power purchase agreement are moving forward.

State taxes on wind

Provisions in some "red" states to require super-majority votes by state legislatures before taxes can be increased are serving as an impediment to imposing taxes on wind farms.

Wind repowerings

Wind repowerings are expected to involve as many as 30% of US wind farms by the end of 2020

Solar securitizations

Solar securitizations set a new record in 2017.

Government developers

A government corporation formed to act as developer of a gas pipeline or LNG project will not be subject to federal income taxes

REITs and SGIPs

A solar incentive payment from a utility counts as good income for a real estate investment trust.

Muni joint venture

A jointly owned company formed by a group of municipal utilities and electric cooperatives to enter into a...

CREBs

MORE CREBs money is available, but the new tax-cut bill passed by Congress repeals the authority to issue new bonds after this year.