Financing Renewable Energy and Carbon Reduction Projects Under the Inflation Reduction Act
Monetizing Energy-Related Tax Credits, Structuring Deals, Financing, "Direct Pay," Selling Credits to Third Parties Under the IRA
Note: CPE credit is not offered on this program
Recording of a 90-minute premium CLE video webinar with Q&A
This CLE webinar will provide renewable energy counsel guidance on available options and tools for monetizing energy-related tax credits under the Inflation Reduction Act (IRA). The panel will discuss financing structures for renewable energy and carbon reduction projects, the concept of "direct pay" the ability to sell credits to third parties for cash under the IRA, and other key considerations for developers to maximize financing for projects under the IRA.
Outline
- Overview of impact of the IRA on renewables
- New direct pay and credit transfer provisions
- Monetizing tax credits under the IRA
- Seller's perspective and challenges
- Buyer's limitations and considerations
- Financing structures, deal points, and pitfalls to avoid
Benefits
The panel will discuss these and other key issues:
- Key energy-related provisions under the IRA
- Inclusion of a "direct pay" option for carbon capture credit, PTC, and ITC
- Transfers of tax credits to third parties
- Financing structures in light of energy-related tax credits and requirements under the IRA
- Key considerations and next steps for renewable energy developers, producers, and investors
Faculty
James M. Berger
Partner
Norton Rose Fulbright US
Mr. Berger represents sponsors, lenders, equity investors and government agencies in connections with the financing and... | Read More
Mr. Berger represents sponsors, lenders, equity investors and government agencies in connections with the financing and development of energy projects, with an emphasis on renewable energy. He also has experience with the organization and operation of a wide variety of private equity funds.
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Hilary Lefko
Partner
Norton Rose Fulbright US
Ms. Lefko focuses her practice on all areas of federal income tax law, with a particular emphasis on tax... | Read More
Ms. Lefko focuses her practice on all areas of federal income tax law, with a particular emphasis on tax controversy and renewable energy tax issues. She represents developers and investors in various energy and renewable energy projects, including transactions involving section 45 production tax credits for the production of electricity from renewable resources, including the purchase and sale of wind, open-loop biomass, landfill gas, geothermal and refined coal facilities. Ms. Lefko also advises on section 48 investment tax credits for solar projects, the Section 1603 Treasury Grant Program and other renewable energy incentives.
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