Tax-efficient capital vehicles for unregulated utility investments.
By David F. Levy, Sean Shimamoto, and Nickolas P. Gianou, Skadden, Arps, Slate, Meagher & Flom LLP
As tax equity investors are moving away from renewable power facilities, political and market forces are creating the need for additional project financing. Fortunately, three non-traditional capital vehicles offer low-cost financing alternatives.