Near the end of 2015, President Obama signed into law a long-term extension -- and eventual phase out -- of the investment tax credit (ITC) and production tax credit (PTC) for wind and solar energy projects.
Peter Toomey, Director of Structured Transactions at Evolution Markets, asserts the extension comes at a critical time for the renewable energy industry. The wind is at its back with regulatory trends encouraging clean energy, but the systemic challenges of grid integration and market structure persist.
The report weighing the ultimate impact of the tax credit extensions can be found HERE.
For more information on the PTC/ITC or renewable energy markets, contact our Structured Transactions team at: email@example.com or +1.914.323.0257.