Tax

A Tale of Two Renewable Energy Project Finance Worlds

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It is the best of times for renewable energy project developers and it is the worst of times for renewable energy project developers, and the difference lies in a single contract.

The existence of a signed power purchase agreement (PPA) between the developer of a renewable energy generation project and an established utility marks the divide between a premium-valuation market for renewable assets and a deeply discounted valuation in an overcrowded market. Keep reading →

Published June 22, 2012 at 11:30 AM

Booming Gas Industry Faces Production Tax In Pennsylvania

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Plans to tax the booming natural gas industry in Pennsylvania were the focus of dueling bills among state lawmakers on Wednesday, with proposed tax rates varying between one and three percent of revenue from production.

A bill passed by the Republican-controlled Senate late Tuesday would tax the industry at about 3 percent, while a House amendment being debated Wednesday seeks a rate of 1 percent, which would be the lowest of any gas-producing state. Keep reading →

Published November 16, 2011 at 2:00 PM