December 13, 2020
Conor McKenna Quoted in Financial Times on the Availability of Tax Equity for Renewables
US Renewables Look to Plug Funding Gap as Pandemic Hits Tax Incentives – For decades, big banks and investors have ploughed tens of billions of dollars into US renewable energy projects through a section of the tax code enabling them to offset income with solar and wind investments. But the incentive is weakening as the pandemic cuts corporate profits, making deals under the financing system known as “tax equity” harder to strike.
