Q So, Britta, how much of a shift is this compared to the current tax regime?
A It's, it's a decent shift. I mean, we were seeing tax credits slowly phasing down, so projects that were at a 22% eligibility are now potentially 50% ITC projects. I mean, that's, that's significant in economics. That's, you know, 30%, 50%, hundred percent increase in value on what some of these projects are selling for. So, it is really, really meaningful. I think there's still a number of questions to be answered about a handful of the newer provisions, including the adders and how do you confirm eligibility for those, but also how the transferability works, how the direct pay potentially works, um, factors like can you, um, include a, a development fee step up and still do a transfer. So there's a, there's a number of questions structure-wise that need to get worked out in the next year. So it's, It's a lot of work to be done still.
AI assessment note: “projects that were at a 22% eligibility are now potentially 50% ITC projects”