IN THIS ISSUE
Effects of the Russian invasion
Leading project finance market participants were split as the NewsWire went to press about the effect the Russian invasion of Ukraine will have on renewable energy and the broader project finance market.
Cost of capital: 2022 outlook
A record number of banks and grey market lenders are chasing projects at the start of 2022, keeping downward pressure on interest rates despite rising inflation.
Policy outlook for US renewable energy
Law firms are fielding constant questions about the outlook for the “Build Back Better” bill, whether certain provisions risk being left behind and what is likely to happen with Customs seizures of some...
Representations and warranties insurance data and claims
Roughly 20% of representations and warranties insurance policies issued between 2016 and 2018 had claims made on them within three years after the policy inception.
The road ahead
The talk at the annual Infocast Projects & Money conference in New Orleans in late January was about the rapidly evolving US renewable energy market.
Carbon offsets as a potential source of revenue
Renewable energy developers are showing more interest in the voluntary carbon offset market as a potential source of additional revenue for their projects.
Sophisticated use of political risk insurance
Lenders and equity investors in emerging market projects can make more sophisticated country risk analyses, insuring selected risks in a manner that increases the internal rates of return on projects.
Calculating how much tax equity can be raised
Developers of renewable energy projects in the United States sometimes struggle to calculate how much tax equity can be raised to help pay the project cost.
Environmental update: March 2022
The Biden administration is looking for other ways to press banks to prepare for potential threats to the nation’s financial system from climate change.
IN OTHER NEWS
Solar panel import duties
US import tariffs on solar cells and panels could remain a battleground into the summer.
Customs seizures of solar panels
US Customs is starting to release some blocked Chinese solar panels.
Crypto mining opportunities
Cryptocurrency miners are becoming a potentially lucrative outlet for some power suppliers
Replacing LIBOR
Replacing LIBOR with SOFR will not trigger US tax consequences, as long as the change doesn’t cross one of four tripwires.
Another utility tax equity structure
A utility structure for raising tax equity solves a so-called section 707(b) issue with some utility tax equity partnerships.