Kyle Hayes Discusses IRA Tax Bonus Requirements for Clean Energy Projects
12 January 2024
Law360
Foley & Lardner LLP partner Kyle Hayes is quoted in the Law360 article, “Tax Bonus Rules Create A Clean Energy Contracting Crunch,” offering insight on how labor and manufacturing requirements in the Inflation Reduction Act have ramped up negotiations between clean energy developers and the engineering, procurement and construction (EPC) firms and other contractors hired to build their projects given how significantly compliance can impact the value of a project’s tax credits.
“It’s just a lot of back and forth,” Hayes explained. “Even more so, I’ve seen EPC contractors have a lot of angst about the satisfaction of domestic content requirements…if they actually have to procure equipment themselves.”
(Subscription required)
People
Related News
06 February 2025
In the News
Vanessa Miller Assesses Panama Canal Discourse
Foley & Lardner LLP partner Vanessa Miller commented in SupplyChainBrain article, "The Fight for Control of the Panama Canal," lending important context to the recent headlines over the important waterway.
06 February 2025
In the News
Gregory Husisian Weighs in on Suspension of De Minimis Trade Exemption
Foley & Lardner LLP partner Gregory Husisian offered context on President Trump's recent trade actions on China in The Wall Street Journal article, "Why Trump Is Closing a Trade Exemption for China."
04 February 2025
In the News
Andrew Wronski on Tariff Fluidity – 'Keep on top of the issues'
Foley & Lardner LLP partner Andrew Wronski assessed the evolving shift in U.S. trade policy in the Milwaukee Business Journal article, "Trump tariffs won't disappear — so how should Wisconsin businesses prepare?"