On July 27, 2022, only a few hours after the Senate approved a bipartisan semiconductor and technology package, Senator Manchin made a stunning and well-timed reversal of his prior position and confirmed his support for various climate and energy programs. Senate Democrats (led by Senators Manchin and Schumer) quickly made legislative text available and submitted it to the Senate Parliamentarian for review.
Global sales of electric vehicles more than doubled in 2021 over 2020, from 3 million to 6.6 million, and sales were up 60% in the first quarter of 2022 over the same period in 2021.
In this article, Anderson explores the existing authority on whether REITs can provide — and profit from providing — EV charging station services to tenants and their guests, customers, and subtenants.
This research updates last year’s report entitled, “Clean Energy IPOs and SPAC Combinations” published in August of 2020.
While the market witnessed a flurry of renewable energy and clean tech IPOs from 2010-2015, they have become much rarer in recent years despite markedly improved market fundamentals.