image credit

Renewables Tax Equity Market Fares Fine in Q1, Calming Industry Fears

Defying the fears that gripped the clean energy finance market at the end of 2017, investors seem to have fared well under the new tax scheme that took effect in January.

The Base Erosion Anti-Abuse Tax provision included in the final version of the tax bill cuts away 20 percent of renewable credit values for companies that fall under its purview. When it passed President Trump’s desk, investors were unsure how the new law would impact their business. But after a healthy Q1, industry watchers appear confident that the impacts will be minimal.

Read More on Greentech Media