Project Finance NewsWire

Publication | February 2017

The Project Finance NewsWire reports on new developments affecting the power sector, gas pipelines, LNG terminals, energy storage facilities, energy efficiency, biofuels, gasification, water, toll roads, bridges, ports, stadiums and other infrastructure. We report from the perspective of a law firm down in the trenches on deals. The NewsWire is published every other month and goes to 46,000 people. Back issues to 1997 can be found on our website.

In this issue

The Market Reacts to Possible US Tax Reforms

The possibility that Congress will overhaul the US tax code is already having a number of effects on the market...

February 15, 2017

Cost of Capital: 2017 Outlook

The Trump presidency and the likelihood of corporate tax reform have added an element of unpredictability to the year ahead...

February 15, 2017

Saudi Renewables: Reset and Launch

Saudi Arabia, the world’s largest oil producer, is relaunching its renewable energy program. Recent government communications suggest a determination to press...

February 15, 2017

Negotiating corporate PPAs in the Middle East and Africa

Sizable reductions in the cost of solar equipment have created countless opportunities for developers operating in the Middle East and Africa to enter into power...

February 15, 2017

Growth Area: Regasification and LNG-to-Power Projects

The LNG market is shifting from a focus on liquefaction to regasification terminals in countries that are potential importers of LNG. Activity is increasing...

February 15, 2017

Trump and Africa

US government programs to promote construction of new power projects in Africa face an uncertain future after the US elections. President Trump said little about...

February 15, 2017

Off the Grid in Africa

Several new business models are helping off-grid energy projects get traction in sub-Saharan Africa...

February 15, 2017

2017 Market Trends

More than 250 people gathered in New Orleans at the annual Infocast projects and money conference in January to hear what the year ahead might hold in terms of...

February 15, 2017

The Art of the Deal: An Alternative View

by John Schuster, with JLS Capital Strategies in Washington Home life teaches all the basic negotiating skills that one needs to succeed in the project finance...

February 15, 2017

Solar Tax Equity Update

Solar passed wind as the largest share of the US tax equity market in 2015, but appears, based on preliminary numbers, to have slipped behind wind in 2016. The...

February 15, 2017

Environmental Update

Congress and the Trump administration are moving to reverse a number of environmental regulations that affect the US energy sector...

February 15, 2017

In other news

Trump Executive Order Could Trap Tax Guidance

A Trump executive order for federal agencies to withdraw at least two existing regulations for each new one proposed could delay future tax guidance...

February 15, 2017

Fewer Corporate PPAs

Fewer corporate PPAs were signed in 2016 than expected at the start of the year...

February 15, 2017

Wind Taxes

Oklahoma is considering imposing a tax on electricity generated from wind. The governor, Mary Fallin (R), proposed such a tax of 0...

February 15, 2017

Projects with the US Government

Developers dealing with the US military and other federal agencies got help from the IRS...

February 15, 2017

R&D Deductions for Power Plants

A power company was able to deduct part of the cost of a new power plant immediately on grounds that the spending was on research and development...

February 15, 2017

Taxes in Transmission and Pipeline Tariffs

Some transmission and pipeline companies may have to reduce the rates they charge customers...

February 15, 2017

Property Taxes and Interest Add to Basis

Solar and wind developers were helped by a US Tax Court decision in December...

February 15, 2017

Municipal Projects

Municipalities hiring private contractors to operate municipal facilities now have more flexibility...

February 15, 2017

IRS Draws Lines for MLPs

Master Limited Partnerships must adapt to new guidelines. The IRS settled in January what types of minerals and natural resources businesses may operate as master...

February 15, 2017

California Franchise Taxes

California lost again in its effort to collect franchise taxes from passive investors in limited liability companies doing business in the state...

February 15, 2017

US Generating Capacity

US generating capacity stood at 1,183,740 megawatts at the start of 2017. Coal continues to fall as a percentage of the total. Current coal capacity is 291,790...

February 15, 2017

Minor Memos

Minor Memos. Solar electricity is expected to be the cheapest generating source by the middle of the next decade. The winning bids in auctions to procure solar...

February 15, 2017


Originally prepared by Chadbourne & Parke. Chadbourne & Parke combined with Norton Rose Fulbright US LLP on June 30, 2017 and is now known as Norton Rose Fulbright US LLP.

Subscribe and stay up to date with the latest legal news, information and events... Register now