Vinson & Elkins Partners Lauren Collins and Jenny Speck were featured in Bloomberg Law’s Big Law Business column examining the pressure facing renewable energy developers and their advisers as projects race to satisfy beginning of construction requirements and qualify for Inflation Reduction Act tax credits before they phase out under recently enacted legislation.
The article explores the surge in demand for renewable energy tax advice ahead of the deadline and the challenges firms face in meeting client needs during an exceptionally active period for the industry. Collins emphasized that the pace of activity is expected to continue well beyond the current construction deadline, noting that tax credits generated by projects launched before the deadline will continue to finance deals through the early 2030s.
Read more here.
Lauren Collins and Jenny Speck are Partners at Vinson & Elkins’ Tax practice. They advise clients on the federal income tax aspects of complex energy and infrastructure transactions, including tax equity financings, tax credit transfers, and renewable energy and energy transition projects.
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