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Transferring Energy-Related Federal Tax Credits: Key Considerations, Limitations, and Pitfalls to Avoid

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 Tuesday, March 26, 2024

Recorded event now available

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This CLE webinar will provide attorneys, developers, and investors guidance on the process and eligibility for energy tax credits under current U.S. tax law, methods to access these credits, the related challenges of each, and missteps to avoid.

Description

Recent Treasury regulations encompass significant renewable and clean energy initiative provisions directly impacting the use of energy-related tax credits. Counsel must understand essential rules stemming from recent regulations, transfers of interests and credits for developers, producers, and investors, and methods to transfer and monetize these tax credits.

The Inflation Reduction Act expands tax incentives for various energy resources, reshapes how eligible projects are financed, and monetizes new and expanded tax credits. It includes a variety of provisions for the ITC, PTC, carbon capture, qualifying advanced energy project credit, advanced manufacturing production credit, and more.

In addition, Section 6418 permits taxpayers to transfer all or a portion of certain energy-related tax credits for cash. This opens the door to a larger pool of financing for developers and tax-equity investors. Counsel must understand these credits and the rules impacting the transfer of such credits along with other available financing mechanisms.

Listen as our panel discusses energy-related federal tax credits, recent Treasury regulations and guidance, key requirements and limitations, and methods of monetizing energy tax credits. The panel will also discuss direct pay and transferability rules.

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Outline

  1. Available U.S. energy-related tax credits, requirements, and limitations
  2. Tax credit transfer regime
  3. Financing models amid recent regulations

Benefits

The panel will discuss these and other key issues:

  • Transfer of U.S. energy-related tax credits, requirements, and limitations
  • Eligibility for buyers and sellers
  • The evolving market terms for transfer transactions
  • Available financing models in light of recent regulations
  • Key considerations and next steps for renewable energy developers, producers, and investors

Faculty

Crowley, Zach
Zach Crowley

Partner
Clean Energy Counsel

As an experienced clean energy attorney, Mr. Crowley understands that he has both an opportunity and the...  |  Read More

Lee, Sandra
Sandra Lee

Attorney
Clean Energy Counsel

Ms. Lee is committed to responsible stewardship of our environment for the next generation. Her career has been built...  |  Read More

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