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block-hero-image__container fade-up animate-in"> <p class="has-overline-font-size"><a href="https://www.foley.com/sectors/energy/">Energy</a></p> <div class="block-hero-image__blocks"> <h1 class="wp-block-heading">Tax Equity</h1> </div> </div> <figure class="block-hero-image__image-wrapper image-overlay"> <img fetchpriority="high" decoding="async" width="1680" height="1119" src="https://www.foley.com/wp-content/uploads/2023/11/renewables-1178919403-1680x1119.jpg" class="attachment-full-width size-full-width" alt="Renewables Hero Image." srcset="https://www.foley.com/wp-content/uploads/2023/11/renewables-1178919403-1680x1119.jpg 1680w, https://www.foley.com/wp-content/uploads/2023/11/renewables-1178919403-1538x1024.jpg 1538w, https://www.foley.com/wp-content/uploads/2023/11/renewables-1178919403-768x512.jpg 768w, https://www.foley.com/wp-content/uploads/2023/11/renewables-1178919403-1536x1023.jpg 1536w, https://www.foley.com/wp-content/uploads/2023/11/renewables-1178919403-1312x874.jpg 1312w, https://www.foley.com/wp-content/uploads/2023/11/renewables-1178919403-864x575.jpg 864w, https://www.foley.com/wp-content/uploads/2023/11/renewables-1178919403-752x501.jpg 752w, https://www.foley.com/wp-content/uploads/2023/11/renewables-1178919403-640x426.jpg 640w, https://www.foley.com/wp-content/uploads/2023/11/renewables-1178919403-528x352.jpg 528w, https://www.foley.com/wp-content/uploads/2023/11/renewables-1178919403-416x277.jpg 416w, https://www.foley.com/wp-content/uploads/2023/11/renewables-1178919403-721x480.jpg 721w, https://www.foley.com/wp-content/uploads/2023/11/renewables-1178919403-200x133.jpg 200w, https://www.foley.com/wp-content/uploads/2023/11/renewables-1178919403-900x599.jpg 900w, https://www.foley.com/wp-content/uploads/2023/11/renewables-1178919403-570x380.jpg 570w, https://www.foley.com/wp-content/uploads/2023/11/renewables-1178919403-144x96.jpg 144w" sizes="(max-width: 1680px) 100vw, 1680px" /> </figure> </section> <section class="acf-block block-text-sidebar bg-transparent"> <div class="container"> <div class="block-text-sidebar__grid block-text-sidebar__grid--has-sidebar"> <div class="block-text-sidebar__content-column"> <div class="block-text-sidebar__container"> <p>The U.S. federal government offers tax incentives for investing in renewable energy projects, including investment tax credits (“ITC”), production tax credits (“PTC”), and accelerated depreciation. Few developers are able to use the benefits directly. Tax equity transactions allow investors to monetize those benefits. </p> <p>Industry-leading tax equity investors and sponsors trust Foley & Lardner as their strategic partner and go-to firm for all types of tax equity financings, including partnership/flips, sale/leasebacks, and inverted lease transactions. </p> <p>Our lawyers are leaders in the tax equity market with extensive experience representing both sponsors and tax equity investors. We are extremely familiar with the issues that arise on tax equity transactions and effective solutions. When unique issues arise, we have both the tax equity and development experience to fashion practical and creative solutions that get deals done.</p> <h2>Tax Equity At-A-Glance </h2> <p>Our 38-lawyer core renewable project finance team has: </p> <ul> <li>Closed over 30 tax equity transactions over the last two years, totaling over $3 billion. </li> <li>Structured brand new comprehensive solar sale/leaseback programs for five different tax equity investors. </li> <li>A team of prominent tax lawyers dedicated to renewable energy transactions who regularly structure tax equity deals to establish eligibility for tax incentives and provide “start of construction” and “safe harbor” review and opinions. </li> <li>Ranked in Chambers USA for: – Projects: Power & Renewables: Transactional – Projects: Renewables & Alternative Energy </li> <li>Industry-leading experience with utility scale, commercial & industrial (C&I) portfolios and community solar programs. </li> <li>Extensive experience with tax equity syndications and club deals.</li> </ul> <h2>The Foley Difference</h2> <p>In addition to our extensive financing and transaction structuring experience, our lawyers have an in-depth commercial understanding of the projects we work on, and our tax, regulatory, environmental, and real estate attorneys are the go-to counsel in the industry. Our robust team of exceptionally talented and highly trained professionals has the knowledge, experience, and tools to review due diligence materials for tax equity financings in all fifty states. </p> <p>We are familiar with solar, wind, storage, and alternative technologies, and how to address the unique issues that arise with state REC contracts, virtual PPAs, community choice aggregators, tax-exempt entities, and solar revenue puts. Our team provides the most efficient review possible, which is tailored to your needs and risk profile, including with diligence sampling when appropriate.</p> <p class="BioPullQuote">“Increasingly prominent team with a growing bench of talented young attorneys covering the range of energy concerns. Shows particular expertise in acting for some of the largest solar energy companies.”</p> <p>– <em>Chambers & Partners Global 2023</em></p> </div> <div class="back-to-top__wrapper"> <a href="#page" class="back-to-top"> <span class="sr-only">Back to top</span> <span class="icon-top"></span> </a> </div> </div> <aside class="block-text-sidebar__sidebar-column"> <div class="block-text-sidebar__sidebar-links block-text-sidebar__section" data-index=""> <div class="block-text-sidebar__links-section "> <p class="overline">Areas Of Focus</p> <ul class="wp-block-list no-bullets"> <li class="wp-block-list-item"> <a href="https://www.foley.com/sectors/energy/renewables/biomass-biofuels-landfill-gas-and-waste-to-energy/" >Biomass, Biofuels, Landfill Gas, & Waste-To-Energy</a> </li> <li class="wp-block-list-item"> <a href="https://www.foley.com/sectors/energy/renewables/energy-storage/" >Energy Storage</a> </li> <li class="wp-block-list-item"> <a href="https://www.foley.com/sectors/energy/renewables/ma-projects-and-platforms/" >M&A Projects & Platforms</a> </li> <li class="wp-block-list-item"> <a href="https://www.foley.com/sectors/energy/renewables/monetizing-energy-assets/" >Monetizing Energy Assets</a> </li> <li class="wp-block-list-item"> <a href="https://www.foley.com/sectors/energy/renewables/project-development/" >Project Development</a> </li> <li class="wp-block-list-item"> <a href="https://www.foley.com/sectors/energy/renewables/project-finance/" >Project Finance</a> </li> </ul> </div> </div> </aside> </div> </div> </section> <section class="acf-block fade-up animate-in block-card-image-links bg-light-gray"> <div class="container block-card-image-links__container"> <h2 class="wp-block-heading has-t-2-font-size"> Areas of Focus </h2> </div> <div class="container block-card-image-links__container"> <div class="block-cards acf-inline-block block-cards--3" style="--cardsPerRow: 3;"> <div class="block-cards__grid"> <div class="block-card-link zoom-image "> <a href="https://www.foley.com/sectors/energy/renewables/biomass-biofuels-landfill-gas-and-waste-to-energy/" class="block-card-link__link"> <figure class="block-card-link__image-wrapper image-wrapper zoom-img image-overlay"> <img decoding="async" width="416" height="222" src="https://www.foley.com/wp-content/uploads/2023/11/renewables-1178919403-416x222.jpg" class="attachment-card-image-link-4 size-card-image-link-4" alt="Renewables Hero Image." /> </figure> <div class="block-card-link__content"> <span class="block-card-link__title">Biomass, Biofuels, Landfill Gas, & Waste-To-Energy</span> </div> </a> </div> <div class="block-card-link zoom-image "> <a href="https://www.foley.com/sectors/energy/renewables/energy-storage/" class="block-card-link__link"> <figure class="block-card-link__image-wrapper image-wrapper zoom-img image-overlay"> <img decoding="async" width="416" height="222" src="https://www.foley.com/wp-content/uploads/2023/11/renewables-1178919403-416x222.jpg" class="attachment-card-image-link-4 size-card-image-link-4" alt="Renewables Hero Image." /> </figure> <div class="block-card-link__content"> <span class="block-card-link__title">Energy Storage</span> </div> </a> </div> <div class="block-card-link zoom-image "> <a href="https://www.foley.com/sectors/energy/renewables/ma-projects-and-platforms/" class="block-card-link__link"> <figure class="block-card-link__image-wrapper image-wrapper zoom-img image-overlay"> <img decoding="async" width="416" height="222" src="https://www.foley.com/wp-content/uploads/2023/11/renewables-1178919403-416x222.jpg" class="attachment-card-image-link-4 size-card-image-link-4" alt="Renewables Hero Image." /> </figure> <div class="block-card-link__content"> <span class="block-card-link__title">M&A Projects & Platforms</span> </div> </a> </div> <div class="block-card-link zoom-image "> <a href="https://www.foley.com/sectors/energy/renewables/monetizing-energy-assets/" class="block-card-link__link"> <figure class="block-card-link__image-wrapper image-wrapper zoom-img image-overlay"> <img decoding="async" width="416" height="222" src="https://www.foley.com/wp-content/uploads/2023/11/renewables-1178919403-416x222.jpg" class="attachment-card-image-link-4 size-card-image-link-4" alt="Renewables Hero Image." /> </figure> <div class="block-card-link__content"> <span class="block-card-link__title">Monetizing Energy Assets</span> </div> </a> </div> <div class="block-card-link zoom-image "> <a href="https://www.foley.com/sectors/energy/renewables/project-development/" class="block-card-link__link"> <figure class="block-card-link__image-wrapper image-wrapper zoom-img image-overlay"> <img decoding="async" width="416" height="222" src="https://www.foley.com/wp-content/uploads/2023/11/renewables-1178919403-416x222.jpg" class="attachment-card-image-link-4 size-card-image-link-4" alt="Renewables Hero Image." /> </figure> <div class="block-card-link__content"> <span class="block-card-link__title">Project Development</span> </div> </a> </div> <div class="block-card-link zoom-image "> <a href="https://www.foley.com/sectors/energy/renewables/project-finance/" class="block-card-link__link"> <figure class="block-card-link__image-wrapper image-wrapper zoom-img image-overlay"> <img decoding="async" width="416" height="222" src="https://www.foley.com/wp-content/uploads/2023/11/renewables-1178919403-416x222.jpg" class="attachment-card-image-link-4 size-card-image-link-4" alt="Renewables Hero Image." /> </figure> <div class="block-card-link__content"> <span class="block-card-link__title">Project Finance</span> </div> </a> </div> </div> </div> </div> </section> </article> <footer class="main-footer"> <section class="block-footer bg-dark"> <div class="container block-footer__container"> <div class="block-footer-top"> <div class="block-footer-top__content"> <div 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