The Carbon Border Adjustment Mechanism (CBAM) is the European regulation that imposes a reporting obligation and a carbon tax on EU imports of certain goods in order to reduce carbon
Continue Reading CBAM Reporting Requirement Begins Oct. 1, 2023
Proposed Regulations under Section 6418 Transferability of Clean Energy Tax Credits
On June 14, 2023, the IRS released proposed and temporary regulations and additional guidance describing rules for eligible taxpayers to benefit from clean energy projects through selling any of the
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Proposed Regulations under Section 6417 Direct Pay for Clean Energy Tax Credits
On June 14, 2023, the IRS released proposed and temporary regulations and additional guidance describing rules for applicable taxpayers to benefit from clean energy projects through electing to receive direct
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IRS Issues Proposed Regulations for Energy Projects Located in Low-Income Communities
The Internal Revenue Service issued proposed regulations on May 31, 2023, for the Low-Income Communities Bonus Credit Program under Section 48(e) of the Internal Revenue Code. The proposed regulations provide
Continue Reading IRS Issues Proposed Regulations for Energy Projects Located in Low-Income Communities
Dec. 13 WEBINAR | Renewables Year-End Review: M&A, Tax Equity and Finance Markets
Greenberg Traurig and CohnReznick Capital are hosting a panel discussion titled “Renewables Year-End Review: M&A, Tax Equity and Finance Markets” on Dec. 13 from 12:00 p.m. – 1:30
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Greenberg Traurig Represents Clēnera on Construction and Tax Equity Financing for the 105 MW DC Apex Solar Project
Global law firm Greenberg Traurig, LLP helped client Clēnera to close on construction and tax equity financing for the 105 MW DC Apex Solar project located in Beaverhead County, Montana.
Continue Reading Greenberg Traurig Represents Clēnera on Construction and Tax Equity Financing for the 105 MW DC Apex Solar Project
Aug. 19 WEBINAR | Inflation Reduction Act
GT’s John Eliason (Global Co-Head of Energy Project Finance) and Margaret Weil (Of Counsel) will host a webinar on Aug. 19, 2022 at 12 p.m. about the Inflation Reduction
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Notice 2021-41: Further Extension of the Continuity Safe Harbor for Renewable Energy Projects
On June 29, 2021, the Internal Revenue Service (IRS) released Notice 2021-41 (the “Notice”) granting additional relief for certain renewable energy projects planning to claim the U.S. federal production tax
Continue Reading Notice 2021-41: Further Extension of the Continuity Safe Harbor for Renewable Energy Projects
Refundable State Tax Credits: Maybe Don’t Take the Money and Run
On April 25, 2019, the United States Court of Appeals for the Federal Circuit decided that refundable state tax brownfield credits are taxable income for federal purposes. The court held
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The Taxman (May Not) Cometh: The Deductibility of Environmental ‘Penalties’
Buried within last December’s massive Tax Cuts and Jobs Act of 2017, Pub. L. No. 115–97, 131 Stat. 2054 (TCJA), is an obscure provision that may change the litigation and
Continue Reading The Taxman (May Not) Cometh: The Deductibility of Environmental ‘Penalties’