News & Insights
Stay Informed With Our Latest Updates
Explore our comprehensive collection of news and in-depth insights spanning practice areas, industries, and regions.
Client Alert June 8, 2026
Federal Court Vacates IRS Guidance Limiting Grandfathering Safe Harbor for Wind and Solar Tax Credits
On June 6, 2026, a federal district court vacated IRS Notice 2025-42 in full, holding that the IRS acted arbitrarily …
Client Alert February 6, 2026
IRS and Treasury Issue Proposed Regulations on Clean Fuel Production Credit
Section 45Z, which was added to the Code by the Inflation Reduction Act of 2022 and amended by the One Big …
Client Alert December 22, 2025
FERC Orders PJM, Largest U.S. Grid Operator, to Revise Tariff to Permit New Transmission Services for Co-Located Loads Such as Data Centers
PJM must make compliance filings to implement new transmission services to facilitate co-location of generators and data centers.
Client Alert October 29, 2025
Secretary of Energy Directs FERC to Initiate Rulemaking to Expedite Data Center and Large Load Interconnection
The Secretary’s Direction included a proposed draft Advanced Notice of Proposed Rulemaking for FERC’s consideration, with a deadline for FERC to respond no later than April 30, 2026.
Client Alert October 13, 2025
In Response to Executive Order, FERC Phases Out 53 Regulations
This update provides background on the EO, analyzes how FERC interpreted the EO, and identifies and categorizes the 53 regulations which FERC chose to sunset.
Client Alert September 22, 2025
New Debt Issuance Considerations under the One Big Beautiful Bill Act
This update describes considerations arising under the OBBBA related to debt issuances to specified foreign entities that may result in the issuer’s becoming ineligible for certain U.S. federal income tax credits.
Client Alert September 12, 2025
CFTC Withdraws Guidance on Listing Voluntary Carbon Credit Derivative Contracts
The Commodity Futures Trading Commission has withdrawn its guidance on the listing of voluntary carbon credit derivatives contracts, signaling its evolving priorities.
Client Alert August 18, 2025
IRS and Treasury Issue Beginning of Construction Guidance Related to Termination of Tax Credits for Wind and Solar Facilities
IRS Notice 2025-42 generally requires that a taxpayer begin actual physical work on a wind or solar facility before July 5, 2026 to escape the December 31, 2027 placement-in-service deadline, eliminating a taxpayer-favorable safe harbor method available under earlier IRS and Treasury guidance.