The Internal Revenue Service (IRS) and U.S. Department of the Treasury (Treasury) issued proposed regulations, published in the Federal Register Dec. 26, 2023, applicable to clean hydrogen production facilities.Continue Reading Clean Hydrogen Tax Credits: IRS Releases Proposed Treasury Regulations
Jeff Chester, Global Head of Energy Project Finance, has deep experience handling transactions related to renewable energy, having closed more than 100 wind and solar power projects throughout the United States and Mexico. Jeff has been centrally involved in the development of the equity, debt, and capital markets for renewable energy projects and represents developers, sponsors, lenders, and investors in a wide variety of energy finance transactions. He counsels a broad range of participants on renewable energy finance transactions involving construction and term debt, backleverage, tax equity (partnership flips and sale leasebacks), and private equity capital financings.
Jeff also regularly negotiates on behalf of clients in renewable energy development matters, including power purchase agreements, turbine and solar panel supply agreements, EPC agreements, hedges, and other off-take arrangements. Additionally, he assists clients in addressing an array of development issues including transmission and interconnection, real estate procurement, and environmental issues.
On Dec. 21, 2020, Congress passed a COVID-19 relief bill (the Consolidated Appropriations Act, 2021) including the Taxpayer Certainty and Disaster Tax Relief Act of 2020, which would provide much-anticipated…
Continue Reading Taxpayer Certainty and Disaster Tax Relief Act of 2020: Spotlight on the Proposed Extensions of Certain Alternative Energy Tax Credits