Norton Rose Fulbright - Project Finance NewsWire - April 2018 by Keith Martin

Project Finance NewsWire

Publication April 2018

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.

In this issue

Community choice aggregators and community solar

New community choice aggregators may face delays in starting up in California.

April 10, 2018

Solar tax equity update

A panel of four prominent tax equity investors discussed how the recent overhaul of the US tax code is affecting the solar tax equity market and also talked...

April 10, 2018

The green bank value proposition

Green banks in six states are emerging as valuable and distinct financial partners for developers and lenders seeking to lower their costs of capital.

April 10, 2018

How electric vehicles are transforming the power sector

Adding an electric vehicle to a household doubles the electricity load.

April 10, 2018

Tax equity and carbon sequestration credits

Changes in a US tax credit for carbon sequestration should make the tax credit more attractive to the tax equity market.

April 10, 2018

Blockchain and the energy sector

Blockchain has become a buzzword, but leaving the hype aside, when applied to the energy sector, it has the potential to reduce business complexity and improve...

April 10, 2018

Anatomy of an ICO

A growing number of companies are turning to initial coin offerings—called ICOs—as an innovative way to raise capital.

April 10, 2018

The engine that drives storage: software

Software is the brain that makes a storage system work.

April 10, 2018

Emerging storage business models, part II

Storage is coming down rapidly in cost, and developers are figuring out ways to tap new revenue streams.

April 10, 2018

Environmental update

New data released by the US Environmental Protection Agency in February shows the power sector is three quarters of the way to meeting the greenhouse gas targets...

April 10, 2018

In other news

Tariffs: effect on US power sector

Uncertainty around what US import tariffs the Trump administration might impose is making it difficult to get fixed-price quotes for equipment that may be affected...

April 10, 2018

Partnership withholding

Sales of partnership interests and “excess” cash distributions by US partnerships to foreign persons require US tax withholding after the latest overhaul of the US...

April 10, 2018

Carbon taxes

Carbon taxes are potentially in play in seven US states, but they are hard to enact.

April 10, 2018


Arizona remains an active battleground for renewable energy advocates.

April 10, 2018

Bitcoin mining

Bitcoin mining could use as much electricity in 2018 as all electric vehicles are expected to use in 2025, according to a report by Morgan Stanley.

April 10, 2018

Interconnection costs

Interconnecting to a distribution line did not trigger taxes to the utility, the IRS said.

April 10, 2018

Pipelines and partnerships

Pipeline companies that operate as master limited partnerships will no longer be able to pass through an income tax charge to customers

April 10, 2018

Indian tribes and income taxes

American Indians are subject to US income taxes on gravel mined on the reservation, the US Tax Court said in March.

April 10, 2018

Refined coal

Some refined coal transactions will remain audit targets after a new IRS field directive was made public in mid-March.

April 10, 2018

Conservation easements

Putting a conservation easement on a project site did not lead to a tax deduction.

April 10, 2018

Massachusetts and retail choice

The Massachusetts Attorney General wants the state to bar third parties from supplying retail electricity to residential customers.

April 10, 2018

Bribery investigations

Bribery investigations were underway at year end 2017 in 82 countries, according to the latest “Global Enforcement Report 2017” released in March by TRACE...

April 10, 2018

Data points

Bidders in the solicitation by the Public Service Co. of Colorado to buy 1,800 megawatts of electricity were allowed to refresh their bids in late February to...

April 10, 2018

Recent publications

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