Financing EV charging infrastructure
Bloomberg New Energy Finance predicts that 57% of passenger vehicle sales, and more than 30% of the global passenger vehicle fleet, will be electric by 2040.
US offshore wind: Current financing conditions
A panel talked about the current market for financing offshore wind projects in the United States.
Emerging themes in build-own-transfer agreements
Build-own-transfer agreements are playing a bigger role in the renewable energy sector as utilities decide they would rather own projects than enter into long-term contracts to buy the electricity.
Solar finance outlook
A panel of two sponsors, two lenders and one tax equity investor rolled quickly through a wide range of topics of current interest at the Solar Power International 2019 convention this fall in Salt Lake City.
Joint arrangements to develop renewable energy projects
There is no cookie-cutter joint venture or joint development arrangement.
Tracking accounts in hedges
Tracking accounts are used in many fixed-volume hedges to mitigate electricity basis risk.
Revised Equator Principles may make projects more costly to finance
The Equator Principles are perhaps the most widely used private international financing standards seeking to influence environmental and social “sustainability” in big project development.
The United Nations said in a report in late November that there is a significant gap between the world’s current combined pledges to cut greenhouse gas emissions...
Utility tax equity structures
A tax equity partnership between a regulated utility and a tax equity investor received a partial blessing from the IRS.
Solar and wind tariffs
The uncertainty around tariffs makes trying to do business like negotiating deals on a trampoline with an overweight 73-year old bouncing up and down.
The latest CFIUS report to Congress in November shows a dramatic increase in the number of inbound US acquisitions that are being reported to the US government since Trump took office.
Deficit restoration obligations
Deficit restoration obligations and negative “tax basis capital accounts” are getting more attention from the IRS.
The LIBOR transition became a little easier in October.
Guidance v. tweets
Two new Trump executive orders may make it harder to get guidance from federal agencies in the future about what US law requires.
Investment tax credits
An investment tax credit can be claimed on an increase in tax basis in an existing project, the IRS said.
Carbon allowances, state tax credits and REITs
REITs can treat income related to some state tax credits and carbon allowances as good income, the IRS said.
Cryptocurrency tax treatment
Cryptocurrencies continue to receive high-level attention from the IRS.
M&A finder’s fees
A finder’s fee is not deductible if paid by a target company on behalf of the company that acquired it, the US Tax Court said.
Useful data points
US installed wind capacity stood at 100,125 megawatts at the end of the third quarter 2019, according to the American Wind Energy Association.