New 6417 Direct Pay Opportunities

New 6417 Direct Pay Opportunities

May 20, 2024 | By Dorian Hunt, Head of Renewables On March 11, 2024, the IRS and the Treasury proposed regulations that, if finalized, would provide welcome relief to investors in partnerships owning facilities that generate § 45(a), § 45U, § 45Y, § 48, and § 48E...
Don’t Be a Casualty of ITC Recapture

Don’t Be a Casualty of ITC Recapture

Investment tax credits (“ITCs”) are used to incentivize the construction and operation of certain types of real estate and energy assets. However, ITCs carry with them the possibility of recapture (i.e., clawback) in the case of certain events. In this article, we...