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