What a Trump Presidency Means for European Equipment Finance and the Green Energy Transition

Senior Policy Advisor Beth Viola was quoted in a Leasing Life article exploring what European equipment financiers and international energy companies can expect from the incoming Trump Administration. Part of President-Elect Donald Trump's campaign message included plans to redirect unspent dollars allocated under legislation like the Inflation Reduction Act to infrastructure projects such as roads and bridges. This makes vulnerable approximately $60 billion earmarked by the U.S. Department of Energy (DOE) for renewable energy projects, worrying European investors that have benefitted from the Biden Administration's focus on renewables and clean fuel. Ms. Viola said companies are now rushing to finalize deals and sign contracts to protect their investments from policy changes, but "projects still awaiting appropriation or requiring further vetting may have to brace for cuts."

READ: What a Trump Presidency Means for European Equipment Finance and the Green Energy Transition