Members of Husch Blackwell’s renewable energy team attended the 2019 Infocast Wind Power Finance & Investment Summit in Carlsbad, CA, February 5-7. Here are some of the themes from the conference:

  • While there is a push to complete many projects in 2020, there was a lot of discussion about how the industry and project financing will evolve in coming years as the Production Tax Credit steps down and after it sunsets. The industry is becoming increasingly complex with ever-changing state and federal policies, an increase in C&I offtakers, increasingly complex non-traditional offtake arrangements, and new financing parties waiting in the wings. It is important to understand the challenges and opportunities that these changes create. Husch Blackwell’s renewable energy team can help you navigate these ever changing challenges and opportunities and ensure that your project is completed on time and in compliance with all state and federal policies.


Continue Reading 2019 Infocast Wind Power Finance & Investment Summit Recap

In December, the U.S. Fish and Wildlife Service (USFWS) announced that the agency will be proposing a streamlined eagle incidental take permitting process for wind energy projects that are considered “low-risk” to eagles. Although this new low-risk framework has not been finalized or formally proposed yet, USFWS has made available a presentation outlining the framework.
Continue Reading U.S. Fish and Wildlife Service To Propose New Low-risk Framework for Eagle Incidental Take Permitting Process

On November 3 the U.S. House of Representatives released  the “Tax Cuts and Jobs Act” (the Act) which contains provisions that will significantly affect production tax credits (PTC) for wind projects.  Based on a review of Section 3501 of the initial draft and conversations with legislative staffers, we expect the potential financial impact to negatively affect planned expansions in wind capacity in the United States.
Continue Reading Proposed Cuts to Production Tax Credits Would Negatively Impact Wind Development

NOTE: An earlier draft of this update indicating that the FAA policy was still under consideration was inadvertently published last week. That draft was out of date and should not be relied on as a statement of FAA policies currently under consideration.

Changes to a Federal Aviation Administration (FAA) policy concerning the issuance of Determinations of No Hazard to Air Navigation (DNHs) under discussion late last year would have had profound and potentially adverse repercussions on wind development projects nationwide. Fortunately,
Continue Reading FAA Changes Would Have Disrupted Financing of Wind Development Projects Nationwide

Two bills with the potential to impact the siting of new wind energy projects have been introduced by the Texas legislature. Senate Bill 277 (authored by Sen. Donna Campbell) and its companion, House Bill 445 (authored by Rep. James Frank), would if enacted prohibit
Continue Reading Texas Legislation Seeks to Limit Tax Incentives to Wind Farms Built Near Military Bases

On December 16, 2016, the U.S. Fish & Wildlife Service (the Service) issued a final rule revising the eagle take permit regulations.  The rule is intended to make the permit process less onerous for wind energy project developers and other companies that engage in activities with the potential to disturb, injure, or kill bald and golden eagles.  On that same date, the Service also published
Continue Reading Final Rule Improves Eagle Take Permitting Process

Energy storageMassachusetts took a significant step to acknowledge that effective and efficient renewable energy storage – the commercial capture of renewable energy to offset demand at a later time – can aid in the growth of wind and solar power and save ratepayers money. Massachusetts may become the third state to adopt a renewable energy storage mandate, following in the footsteps of California and Oregon. In August, the Massachusetts legislature passed a bill, titled “An Act to Promote Energy Diversity,” that gives the Massachusetts Department of Energy Resources (DOER) the ability to mandate what the energy storage targets.
Continue Reading Massachusetts Takes Big Step Towards Increasing Energy Storage

Wind Turbines Row_Energy_166108490Both the House and the Senate are considering a proposed law, the Public Land Renewable Energy Development Act of 2015, to streamline permitting for renewable energy development projects on public land. Hearings were held by the Senate Committee on Energy and Natural Resources on S.1407 on June 9, and by the House Natural Resources Subcommittee on Energy and Mineral Resources on an identical bill, H.R. 2663, on July 13.
Continue Reading Proposed Law Would Create Opportunities for Renewable Energy Development on Public Lands