The development coincides with the US government’s renewed push to promote tax credits offered to renewable project sponsors in an effort to attract more, and a broader range of, companies to invest in the sector. It is hoping the benefits of tax-equity structures will incentivise those who would have been lured by the expiring two-year federal cash grant programme.
There’s no new investor benefit scheme. But new vehicles created in the market could allow smaller companies to participate for the first time.
“Some players are looking at...