Von Ossen: Resolving new IRA tax credit mechanisms will take a year
Britta von Ossen · How the US climate bill will finance the energy transition [partner content] · Oct 24, 2022 · at 6:14
Britta von Ossen from CohnReznick discusses structural and legal uncertainties facing developers and investors under the 2022 Inflation Reduction Act.
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“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 factors like can you include a development fee step up and still do a transfer. So there's a number of questions structure-wise that need to get worked out in the next year.”
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