Simpson Thacher in the News
Go Back
Simpson Thacher Partners Quoted in Infralogic on 2024 U.S. Energy Outlook
01.11.24
This is only gets display when printing
Partners Jonathan Goldstein, Eli Hunt and Martha Kammoun were quoted in an Infralogic article titled, “Reliability, Regulatory Matters Top US Energy Agenda in 2024.” The article discussed the outlook for the energy sector in 2024, including regulatory and policy issues that are top of mind. Jonathan noted that there is uncertainty over how the IRA’s incentive programs will be implemented, limiting the ability of project sponsors to take full advantage. He further observed that regulations surrounding the transferability of renewable energy tax credits have caused the transferability market to develop more slowly than expected. Despite some remaining uncertainty, Eli highlighted that the IRA has contributed to a surge in investor interest in the U.S. renewable energy and energy transition sectors, which is likely to continue in 2024. Meanwhile Martha explained that a major question still looming over the tax equity market is whether Treasury will adjust the risk weighting on tax equity for banks under proposed Basel III regulations.
To read the full article, please click here (subscription required).