Interested in training for your team? Click here to learn more

Structuring Construction and Tax Equity Bridge Financings for Wind, Solar, and Battery Storage Projects

Reducing Legal Risk and Maximizing Client Income Opportunities Through Financing, Tax Incentives, and Documentation

Note: CPE credit is not offered on this program

Recording of a 90-minute premium CLE video webinar with Q&A

This program is included with the Strafford CLE Pass. Click for more information.
This program is included with the Strafford All-Access Pass. Click for more information.

Conducted on Thursday, October 10, 2024

Recorded event now available

or call 1-800-926-7926

This CLE course will provide energy and finance counsel with a briefing on certain critical legal, tax, and financing issues in wind, solar, and battery storage projects. The panel will also review avenues to obtain financing for the project and leverage existing tax incentives.

Description

Wind, solar, and battery storage projects are complex transactions involving assessing available incentives and resolving unique issues arising from the acquisition, construction, and financing of such projects. In addition, project sponsors are increasingly seeking to obtain construction and tax equity bridge financing for such projects to take advantage of available tax incentives and benefits, including provisions introduced under the Inflation Reduction Act that reinstated the production tax credit for solar facilities, extended the investment tax credit, modified credit qualification requirements and amounts, and established the ability to transfer credits or elect a direct pay option.

Counsel must ensure that such bridge financing structures address change of control, collateral, sponsor credit support, and other financing issues. Counsel must also prepare for specific contract pitfalls, especially those that require top-level client approval or long lead times and keep apprised of the relevant tax regulations impacting the corporate structure and construction schedule for such projects.

Listen as our panel of authoritative practitioners provides their unique perspectives, overview, and analysis on the tax incentives, documentation, and financing issues for wind, solar, and battery storage projects.

READ MORE

Outline

  1. Review of common ownership and bridge financing structures and documentation
  2. Overview of tax incentives and benefits available for wind, solar, and battery storage projects, including extensions and changes introduced in the Inflation Reduction Act
  3. Change of control, collateral, sponsor credit support, and other financing issues
  4. Contract issues arising in connection with wind, solar, and battery storage projects

Benefits

The panel will review these and other key issues:

  • How are construction and tax equity bridge financings structured for wind, solar, and battery storage projects?
  • What are the unique issues in negotiating and structuring such financings?
  • How do various contract terms and deal issues affect financing and tax incentives?
  • What impact has the Inflation Reduction Act had on available tax incentives and benefits for such projects?

Faculty

Burton, David
David K. Burton
Partner
Norton Rose Fulbright US

Mr. Burton advises clients on a wide range of U.S. tax matters, with a particular emphasis on project finance and...  |  Read More

Abou-Chedid, Rebecca
Rebecca Abou-Chedid
Partner
Norton Rose Fulbright US

Ms. Abou-Chedid's practice focuses on the representation of public and private entities in domestic and...  |  Read More

Access Anytime, Anywhere

Strafford will process CLE credit for one person on each recording. All formats include course handouts.

To find out which recorded format will provide the best CLE option, select your state:

CLE On-Demand Video