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Project Finance NewsWire
October 2004
IN THIS ISSUE
Wind Market Update
The US wind market is expected to boom for at least the next 12 months now that the US government has extended a “production tax credit” that is essential for wind projects in the United States...
Federal Regulatory Issues In Windpower Projects
The Federal Energy Regulatory Commission is charged with regulating wholesale power sales in all of the continental United States, except for sales in Texas...
Biomass Projects in the UK and US
Forty-five percent of all renewable energy used in the United States involves biomass, and 4% of all energy consumed in the United States is represented by biomass, according to the Global Energy ...
Power Contracts and Bankrupt Generators
US courts in different parts of the country have reached different conclusions about whether it is up to the bankruptcy judge or the Federal Energy Regulatory Commission to decide when a power con...
Libya Update
Two important developments in the last few weeks should accelerate foreign investment in the Libyan oil and gas sector...
New Markets Tax Credits
Up to $2.7 billion dollars worth of tax credits still remain available under a US government program designed to encourage the flow of capital into low-income areas in the United States...
Financing Gas Pipeline Expansions in Argentina
Argentina is hoping that a new “financial trust” mechanism can be used to finance expansion of gas pipelines and distribution networks...
Environmental update
IN OTHER NEWS
Pakistan
Pakistan is expected to offer tax incentives, including an exemption from income taxes, for new power projects that use indigenous fuels...
Minor memos
A US appeals court decision in September is a warning that shareholders may be held accountable for federal income taxes that corporations fail to pay.
