Using Inverted Leases to Finance Renewable Energy Projects
Evaluating Tax Risks, Navigating Structural Variations, Leveraging Pass-Through Election
Note: CPE credit is not offered on this program
Recording of a 90-minute premium CLE video webinar with Q&A
This CLE course will guide counsel to parties involved in financing energy projects on using inverted lease tax equity structures. The webinar will dive into inverted leases and current issues in such transactions.
Outline
- Current state of the solar finance market and trends for the near future
- Inverted leases
- How they work
- Basic lease terms
- Timing considerations
- What is "market" on allocation of tax risks
- Other current issues in deals
- Structure variations
Benefits
The panel will review the advantages and disadvantages of:
- An inverted lease versus alternative tax equity structures
- Different variations of inverted leases
Faculty

Keith Martin
Co-Head of Projects
Norton Rose Fulbright US
Mr. Martin is a transactional lawyer whose principal areas of practice are tax and project finance. He acted for 178... | Read More
Mr. Martin is a transactional lawyer whose principal areas of practice are tax and project finance. He acted for 178 companies last year and worked on transactions in the United States and eight foreign countries. He also lobbies Congress and the Treasury Department on policy issues. He is co-head of the Firm’s project finance group.
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Jorge Medina
Partner
Pillsbury Winthrop Shaw Pittman
Mr. Medina’s practice focuses on tax aspects of energy investment and financing transactions, including tax... | Read More
Mr. Medina’s practice focuses on tax aspects of energy investment and financing transactions, including tax equity investments in the renewables space. He regularly works on federal tax policy and controversy issues involving renewable energy, and he has extensive experience structuring tax-driven transactions. Prior to joining the firm, Mr. Medina was associate general counsel-tax at automotive and energy company Tesla Inc. He was primarily responsible for all tax issues across Tesla related to the energy and storage business. Mr. Medina previously served as Vice President and Deputy General Counsel at SolarCity, which Tesla purchased in 2016. He also previously worked at Dewey LeBoeuf and Sidley Austin, where he handled a wide range of U.S. tax matters, particularly those in the renewable energy, equipment leasing, and tax equity fields.
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