Chris Girouard shares expectations for energy industry participants with Utility Dive and ESG Dive

Chris Girouard, a partner in BCLP's Tax practice, recently spoke with Utility Dive about the July 4 tax credit deadline and implications on renewable energy financing. His commentary was also featured in a second article published by ESG Dive.

In the article, Chris discusses his expectations for energy industry participants, including focusing on safe harbored projects and lobbying for changes in law.

“To the extent tax credits become available for wind and solar projects that began construction after July 4, 2026, we expect the development of those projects to quickly pick back up,” Chris told Utility Dive. “Outside of the wind and solar context, we expect that the increased attention in other energy technologies will continue to grow. Specifically, we are already seeing increased interest in battery and nuclear projects.”

He also discussed interim safe harbor guidance released in February.

Chris shared with Utility Dive that, “the lack of guidance regarding the effective control rules continues to be challenging for the renewable energy industry,” and that the industry is “hoping that forthcoming guidance from the IRS on those rules is released soon and that the guidance provides a practical approach to complying with the effective control regime.”