CINXE.COM

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Tax Capabilities With New Partner in Washington, DC </h1> </div> </div> <div class="row default-margin-small-top"> <div class="col-12"> <label style="color: #ffffff"> November 22, 2024 </label> </div> </div> </div> </div> </div>  </section> <section class="section-media-individual"> <nav class="navbar navbar-expand section-media-individual-scroll" data-elastic-exclude> <div class="container"> <ul class="navbar-nav"> <li class="nav-item"> <a class="nav-link active" href="#overview">Overview</a> </li> <li class="nav-item"> <a class="nav-link " href="#about-mcdermott">About McDermott</a> </li> <li class="nav-item"> <a class="nav-link " href="#media-contacts">Media Contacts</a> </li> <li class="nav-item"> <a class="nav-link " href="#digdeeper">Dig Deeper</a> </li> <li class="nav-item"> <a class="nav-link" href="#get-in-touch">Get In Touch</a> </li> </ul> <div class="nav-item dropdown float-right"> <a class="nav-link dropdown-toggle my-2 my-sm-0" href="#" id="navbardrop" data-toggle="dropdown"> Related Services & Industries <span class="dropdown-toggle-arrow" aria-hidden="true"></span> </a> <div class="dropdown-menu" aria-labelledby="navbarDropdownMenuLink"> <a href="https://www.mwe.com/services/corporate-transactional/" class="dropdown-item"> Corporate & Transactional </a> <a href="https://www.mwe.com/industries/energy/" class="dropdown-item"> Energy & Project Finance </a> <a href="https://www.mwe.com/industries/energy/energy-tax-tax-equity/" class="dropdown-item"> Energy Tax & Tax Equity </a> <a href="https://www.mwe.com/services/regional-markets/united-states/" class="dropdown-item"> United States </a> </div> </div> </div> </nav> <article data-swiftype-type="text" data-swiftype-name="body"> <div class="container"> <div id="overview" class="fixed-navbar-anchor"> <div class="row default-margin-top d-block d-md-none"> <div class="col-12"> <h2 class="text-uppercase">Overview</h2> <hr> </div> </div> <div class="row default-margin-section-bottom default-text-editor"> <div class="col-12"> <p>International law firm <a href="https://mwe.com">McDermott Will & Emery</a> welcomes <a href="https://www.mwe.com/people/ben-cheatham/">Ben Cheatham</a> to its energy & project finance practice as a partner in Washington, DC. Ben will work with clients leveraging the federal clean energy and other tax credits provided by the Inflation Reduction Act of 2022 (IRA), an area in which McDermott is leading deal activity across the industry.</p> <p>“Both early-stage renewable and large traditional energy clients are seeking opportunities related to the energy transition, and we expect heightened global activity within the sector,” said <a href="https://www.mwe.com/people/siskind-harris-c/">Harris Siskind</a>, global head of McDermott’s Transactions Practice Group. “Ben has extensive experience in various complex tax aspects of mega-transactions and will help clients navigate the many tax-related benefits of the IRA, such as those for solar, wind, and hydrogen projects.”</p> <p>Ben focuses his practice on US federal income tax matters in the renewable and transitional energy sectors. He advises clients on the financing, development, operation, acquisition, and disposition of energy projects, with a particular emphasis on investment and production tax credits, direct pay, and credit transfer transactions under the IRA. Ben also advises on compliance with the IRA’s prevailing wage and apprenticeship requirements.</p> <p>In addition to regularly representing lenders, sponsors, and borrowers as tax counsel in various transactions, Ben also has experience advising clients under audit by the Internal Revenue Service and in litigation with the US Department of Justice.</p> <p>Ben started his career at first-rate AmLaw 10 law firms before moving in-house as senior director and tax counsel at Invenergy, one of the United States’ largest renewable energy developers, for the past two years. In this role, he led renewables tax planning for the company and provided strategic guidance on IRA implementation and organizational tax matters.</p> <p>“Joining McDermott is an exciting opportunity and a perfect fit,” said Ben. “Having worked closely with the tax equity leads at McDermott for the last two years, I will hit the ground running and I’m confident the existing synergies will benefit clients.”</p> <p>McDermott’s <a href="https://www.mwe.com/industries/energy/">energy & project finance team</a> was the first to close a post-IRA tax credit transfer in January 2023 and has since closed more than 80 post-IRA tax credit transfer driven transactions.</p> </div> </div> </div> <div id="about-mcdermott" class="fixed-navbar-anchor"> <div class="row default-margin-top"> <div class="col-12"> <h2 class="text-uppercase">About McDermott</h2> <hr> </div> </div> <div class="row default-margin-section-bottom default-text-editor"> <div class="col-12"> <p>McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers, and shape markets. Our team works seamlessly across practices and industries to deliver highly effective solutions that propel success. More than 1,400 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.</p> </div> </div> </div> <div id="media-contacts" class="fixed-navbar-anchor default-margin-bottom"> <div class="row default-margin-top"> <div class="col-12"> <h2 class="text-uppercase">Media Contacts</h2> <hr> </div> </div> <div class="row default-margin-top"> <div class="col-sm-3 col-xs-12 default-margin-bottom section-media-individual-media"> <p><b>Kerri Chace </b></p> <a href="tel:+1 617 535 4145 "> +1 617 535 4145 </a> <br> <a href="mailto:kchace@mwe.com"> kchace@mwe.com </a> </div> </div> <div class="row default-margin-top default-margin-bottom view-more-btn-row"> </div> </div> </div> </article> <script type="text/javascript"> $('a[href="#digdeeper"]').parent().hide(); </script> <div class="container"> <div id="get-in-touch" class="fixed-navbar-anchor section-lawyer-picker-with-image default-margin-top default-margin-bottom" data-elastic-exclude> <div class="container"> <div class="row default-margin-bottom"> <div class="col-12"> <h2 class="text-uppercase">Get In Touch</h2> <hr> </div> </div> <div class="row"> <div class="col-lg-4 col-sm-6 col-xs-12 default-margin-bottom"> <div class="individual-profile"> <a href="https://www.mwe.com/people/ben-cheatham/" ?> <div class="people-image" style="background-image: url(https://d1198w4twoqz7i.cloudfront.net/wp-content/uploads/2024/11/21203637/Cheatham_B_WB.jpg)"> </div> </a> <div class="people-information"> <a href="https://www.mwe.com/people/ben-cheatham/"> <h3>Ben Cheatham</h3> </a> <div class="category-container"> <span class="category">Partner</span> | <a href="https://www.mwe.com/locations/washington-dc/" class="people-location">Washington, DC</a> </div> <div class="contact"> <a href="mailto:bcheatham@mwe.com " class="email"> <i class="fa fa-envelope-o" aria-hidden="true"></i> Email </a> <span>/</span> <a class="phone-number" href="tel:+1 202 756 8544"> +1 202 756 8544 </a> <br> <a href="https://www.mwe.com/people/ben-cheatham/" class="view-profile default-margin-bottom"> View Profile <img src="https://www.mwe.com/wp-content/themes/mwe/dist/images/parts/arrows/next-small-arrow.png" alt="MWE Icon" width="7" height="14"> <label class="icon"></label> </a> </div> </div> </div> </div> <div class="col-lg-4 col-sm-6 col-xs-12 default-margin-bottom"> <div class="individual-profile"> <a href="https://www.mwe.com/people/siskind-harris-c/" ?> <div class="people-image" style="background-image: url(https://d1198w4twoqz7i.cloudfront.net/wp-content/uploads/2019/05/29144002/Siskind_H_8512_WB.jpg)"> </div> </a> <div class="people-information"> <a href="https://www.mwe.com/people/siskind-harris-c/"> <h3>Harris C. 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