Coronal Energy closes on $235 million in financing for Florida solar
Panasonic’s development subsidiary closed on a combination of tax equity and debt to provide financing for 120 MW-AC of solar plants that came online last August.
Many changes to wind and solar finance in the final tax bill
In addition to the BEAT provision, finance experts say changes to the corporate tax rate and other elements in the tax reform bill will have multiple effects on profits from renewable energy projects, project finance, and the value of tax credits.
Details of the fix: BNEF’s Nathan Serota on final form of BEAT in the tax bill
In this interview BNEF Senior Analyst Nathan Serota explains the details of the 80% offset under the new BEAT provision in the final tax reform legislation, and what this means for solar and wind finance.
Final tax bill includes up to 80% offset for wind, solar tax credits
The application of the BEAT provision has been dialed back, however the law adds new complexity and it is not clear how investors will react to the new system.
A hand grenade: Gregory Jenner on potential effects of tax reform for solar and wind
In this interview with pv magazine, Gregory Jenner of Stoel Rives explains how he expects the BEAT provision to affect solar and wind finance – and what can still be done about it.
Senate approves tax bill with provision to hobble solar, wind tax credits
The bill will now be reconciled with the House version, which does not contain the BEAT provision. SEIA says that it has four Senators who support “fixes”, but was not able to get a modification to the Senate bill.
No fix yet for solar, wind credits in Senate tax bill
Renewable energy trade groups have shown no indication that they will be able to stop a provision in the Senate tax bill which could curtail the benefit of wind and solar tax credits, as the legislation hurtles towards the deadline for the end of debate.
The nuts and bolts of BEAT: Keith Martin on the threat to solar and wind tax credits
In this interview Keith Martin of Norton Rose Fulbright explains the details of the BEAT provision in the Senate tax bill, why it is there, and the threat it poses to monetization of the ITC.
“Devastating” provision in tax bill could hobble solar, wind tax credits
Renewable energy trade organizations are scrambling to stop the BEAT provision, which could make it difficult to monetize the ITC and PTC, as the Senate’s tax bill hurtles towards a vote.
Optimism and concern at the REFF Wall Street conference
While there were many good indicators at ACORE’s 14th REFF Wall Street conference, there are worries around the Suniva Section 201 trade case.
