With new government incentives and a growing demand for green buildings and technologies, now is a very good time to invest in renewable energy and sustainable development. We bring people together to build successful projects and profitable companies.
In the renewable energy and sustainable development space, our expertise can make the difference between a good idea and a good idea that gets funded. We provide counsel across the lifespan of companies, from start-up, through IPO funding, and on to mergers and acquisitions or continued growth. Our clients include solar energy, water purification and biofuels companies.
Goodwin Procter’s firmwide approach to integrating across practices is especially helpful in financing new technologies and protecting client interests. Our public finance, IP, financial services, and private equity attorneys collaborate to help clients access public and private capital markets, secure intellectual property rights and build expansion plants. We’re currently structuring financings through federal tax credits from the Economic Stabilization Act of 2008 as well as the American Recovery and Reinvestment Act of 2009. Attorneys in our practice are experienced in Clean Renewable Energy Bonds, Qualified Energy Conservation Bonds, and other federal and state financing mechanisms.
Tax credit programs, federal and state incentives, and creative financing structures will provide more opportunities for renewable energy and sustainable development. One example is California Assembly Bill 811. Under this law, cities and willing property owners can finance the installation of distributed generation renewable energy sources or energy efficient improvements through individualized assessments. As a leading firm in this arena, we’re well-versed in California AB 811, as well as other state and federal programs that support renewable energy ideas.