Section 1603 Grant Limited for Biomass Cogeneration Facility

In January of this year, the Court of Federal Claims issued an opinion that upheld a substantial reduction in grant payments owed to W.E. Partners II (a biomass energy project) under Section 1603 of the Treasury Grant in lieu of tax credits program. The ruling was significant in a variety of ways, but most importantly it signals that some biomass energy projects that include heat and power may be treated unfavorably in this, and possibly other related federal incentive programs.  For an excellent treatment of this particular case, Hunton & Williams has posted a brief on their website.

While ANTARES is not a law firm and does not provide legal advice, we are regularly engaged with clients who rely on policies that offer financial benefits to improve the viability of renewable energy projects. If you are looking to develop a project, or have a project that you need help with, please let us know. Energy efficiency and renewable energy projects are all that we do and even if we can’t help, we probably know someone who can.

About Christopher Lindsey

Mr. Lindsey is a lead project manager and associate principal at ANTARES.

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