Renewable Energy Tax Credits
The Renewable Energy Tax Credits group provides legal assistance to clients that are developing, financing or investing equity capital in renewable energy facilities, such as wind and solar facilities, that qualify for energy tax credits under Section 45 or Section 48 of the Internal Revenue Code.
The group assists our clients in structuring the transactions in such a way to enable the developer of a facility to organize an operating entity and contract with power purchasers, equipment installers, utility companies, purchasers of renewable energy certificates and providers of both installation and permanent debt financing, and also to enable equity investors to contribute capital to the operating entity while isolating themselves from operating liability in consideration for being allocated tax and economic benefits from the operating entity.