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Tax equity financing for renewables remains robust, but deal delays likely, Morgan Stanley, others agree
Utility Dive: Renewables projects that began construction in 2016 had been racing to finish this year in order to receive "safe harbor" status that qualifies them for expiring tax credits. Recently, however, the federal government indicated that the safe harbor deadline for wind projects will likely be extended from four years to five, giving these projects some more breathing room.
The extension could make a difference for some projects that have experienced or may experience delays related to COVID-19.
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