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  • videocam On-Demand
  • card_travel Energy
  • schedule 90 minutes

Renewable Energy Projects: Maximizing Investment and Production Tax Credits

Strategies for Leveraging Federal Tax Benefits, Incentives, and Recent IRS Guidance

$347.00

This course is $0 with these passes:

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Description

Federal tax credits are one of the primary financial incentives for owners of renewable energy projects, and the credits have been a crucial part of the rapid deployment of renewable energy across the U.S.

Recent extensions for the production tax credit (PTC) and investment tax credit (ITC) provide for a potential ramp up of project development and financing. Significant delays and limitations for project operations and supply caused by the coronavirus pandemic solidify the importance of securing federal tax credits when structuring deals.

It is critical for developers and investors (and their counsel) to understand the law and guidance regarding these credits to ensure that the credits will be available concerning their renewable energy projects.

Listen as our authoritative panel of energy tax professionals examines the benefits of the tax credits, the impact of COVID-19, and discusses the recent law changes, federal tax incentives, and IRS guidance. The panel will also offer considerations on structuring equity investments in projects so that developers and investors can reap the benefits of the credits.

Presented By

Anthony Grappone
Partner
Novogradac & Company, LLP

Mr. Grappone specializes in providing accounting, tax and consulting services to developers, syndicators and investors of developments that qualify for federal and state tax credits such as the low-income housing tax credit, historic rehabilitation tax credit, new markets tax credit, renewable energy tax credits and opportunity zone incentives. He is a frequent speaker at various renewable energy and other tax credit industry events and has contributed several articles on renewable energy to the Novogradac Journal of Tax Credits and serves as a technical editor of the Novogradac Renewable Energy Tax Credit Handbook.

Durham C. McCormick
Partner
McGuire Woods LLP

Mr. McCormick focuses his practice on tax structuring for renewable energy transactions, with a particular emphasis on production tax credits (PTC), investment tax credits (ITC) and Section 1603 Treasury Grants. His renewable energy experience includes project developments, joint ownership arrangements, power purchase agreements, transmission agreements, turbine supply agreements, balance of plant contracts, financings, acquisitions, divestures and operational matters. He also has significant experience representing clients with their mergers and acquisitions, finance ventures, capital raises and general governance.

Jorge Medina
Miscellaneous

Mr. Medina is a partner in the Project Development & Finance practice and Head of Renewables (Americas). He focuses on federal tax policy and controversy issues involving renewable energy and energy transition assets and he has extensive experience structuring tax-driven transactions. Mr. Medina manages the execution of tax equity and debt transactions and represents both sponsors and tax equity investors in the energy sector in connection with energy storage, wind, solar, hydrogen, renewable natural gas, carbon capture, geothermal, biofuels and electric vehicle infrastructure projects. He is deeply familiar with all forms of tax equity structures, having closed dozens of partnership flip, lease pass-through and sale-leaseback transactions. Prior to joining the firm, Mr. Medina was co-leader of energy renewables and infrastructure at his prior law firm. He also previously served as associate general counsel-tax at automotive and energy company Tesla Inc., where he was primarily responsible for all tax issues across Tesla related to the energy and storage business and served as vice president and deputy general counsel at SolarCity, which Tesla purchased in 2016.

Jorge Medina
Pillsbury Winthrop Shaw Pittman LLP
Credit Information
  • This 90-minute webinar is eligible in most states for 1.5 CLE credits.


  • Live Online


    On Demand

Date + Time

  • event

    Thursday, August 13, 2020

  • schedule

    1:00 p.m. ET./10:00 a.m. PT

  1. Tax credits
    1. ITC
    2. PTC
  2. Recent law changes and IRS guidance
  3. Tax equity structuring considerations

The panel will review these and other key issues:

  • How are key stakeholders, such as investors and developers, impacted by the ITC and PTC extensions and recently enacted bills?
  • How will financing structures for renewable energy projects change in light of COVID-19 and IRS guidance?
  • What are the critical steps for counsel seeking to take advantage of tax credits and incentives available to help finance renewable energy projects?