Joel A. Hugenberger
Subscribe to Joel A. Hugenberger's PostsJoel A. Hugenberger advises clients on tax equity, project finance, acquisition finance and corporate finance transactions in the energy and infrastructure sectors with a particular emphasis on transactions relating to renewable energy and distributed generation. Joel represents tax equity investors, sponsors, developers, borrowers, lenders and arrangers in the financing of complex energy and infrastructure projects, domestically and internationally, and in the structuring and negotiation of various secured and unsecured loan facilities, joint ventures and tax equity investment structures. Read Joel A. Hugenberger's full bio.
Key Takeaways | Technology-Neutral Tax Credits: When Will ITC and PTC Disappear?
By Heather Cooper and Joel A. Hugenberger on Oct 7, 2022
Posted In Natural Gas, Project Development and Finance, Renewables, Tax
During this webinar, McDermott Partners Heather Cooper and Joel Hugenberger hosted Jay Chang, managing director at CCA Group, for a discussion on how the new technology-neutral tax credit will work and how it may impact the industry moving forward. Below are key takeaways from the discussion: 1. The newly introduced technology-neutral tax credits (for both...
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Key Takeaways | Finding and Structuring Development Capital for Renewable Platforms and Projects
By Christopher Gladbach and Joel A. Hugenberger on Jan 21, 2022
Posted In Project Development and Finance, Renewables
During the latest webinar in our Energy Transition series, McDermott Partners Christopher Gladbach and Joel Hugenberger hosted Angel Fierro, managing partner of PLEXUS Solutions, and Jorge Vargas, managing partner & co-founder of Aspen Power Partners, to discuss what financing is available to fund the development of projects before they reach notice to proceed (NTP). They...
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$40 Billion Available through Biden’s Department of Energy’s Loan Program Office for Innovative Technologies
By Christopher Gladbach, Jacob Hollinger, Joel A. Hugenberger and Seth B. Doughty on Jan 28, 2021
Posted In Environmental, Project Development and Finance, Renewables
With Democrats taking over the White House and the Senate, many eyes are on climate change and the role that the federal government can take to combat it. A variety of proposals have been floated about the best way for Congress to enact legislation to help in the fight against climate change, but certain actions...
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Five Takeaways: Utility Acquisition of Renewable Projects – A Discussion of the Legal and Tax Issues Regarding Utilities, Developers and Tax Equity
By Heather Cooper, Carl J. Fleming, Christopher Gladbach, Debra A. Harrison, Joel A. Hugenberger, Philip Tingle and Edward Zaelke on Dec 4, 2020
Posted In Power Markets, Project Development and Finance, Renewables, Tax
Increasingly, utilities are replacing older generation fleets with more cost-effective generation technologies. Renewables are cost-competitive alternatives in this effort for a number of reasons, including the current tax incentives. A utility’s acquisition of a renewable asset presents many issues not otherwise present in a non-utility acquisition, particularly if the utility intends to include its investment...
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New York Announces One of the World’s Largest Procurements for Offshore Wind and Onshore Renewable Energy Projects.
By Christopher Gladbach, Jacob Hollinger, Joel A. Hugenberger and Seth B. Doughty on Jul 24, 2020
Posted In Environmental, Project Development and Finance, Renewables
On July 21, 2020, New York Governor Andrew Cuomo announced the largest combined clean energy solicitation ever issued in the United States, seeking up to 4 GW of renewable capacity. This capacity is broken up into 2500 MW of offshore wind and 1500 MW of onshore large-scale renewable energy projects. Access the full article.
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Five Takeaways: Navigating President Trump’s Executive Order on US Bulk Power System Electric Equipment
By Neil Levy, Joel A. Hugenberger, Heather Cooper, Carl J. Fleming and Seth B. Doughty on May 22, 2020
Posted In Power Markets, Project Development and Finance, Renewables, Tax
President Trump’s May 1, 2020 Executive Order prohibiting certain transactions involving bulk-power system electric equipment developed, manufactured or supplied by a foreign adversary could have far-reaching implications for both the renewable and conventional power industries. It has also raised a high level of uncertainty and risk while the industry awaits the actual implementation of the...
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President Trump’s Executive Order on US Bulk Power System Electric Equipment: Questions and Analysis
By Edward Zaelke, Joel A. Hugenberger, Neil Levy, Raymond Paretzky, Carl J. Fleming, Christopher Gladbach, David J. Levine and David G. Tewksbury on May 4, 2020
Posted In Power Markets, Renewables
President Trump’s May 1, 2020, Executive Order prohibiting certain transactions involving bulk-power system electric equipment developed, manufactured or supplied by a foreign adversary could have far-reaching implications for both the renewable and conventional power industries. The breadth of the Executive Order raises key questions and concerns for sponsors and developers of energy projects, construction contractors...
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Community Solar Meets Requirements of California Solar Mandate
By Joel A. Hugenberger, Lloyd J. MacNeil and Seth B. Doughty on Mar 3, 2020
Posted In Project Development and Finance, Renewables
The California Energy Commission (CEC) has approved the first community solar program as a means of complying with California’s solar mandate. Specifically, on February 20, 2020, following a three-hour hearing with many speakers on both sides of the issue, the CEC unanimously approved the Sacramento Municipal Utility District’s (SMUD) proposal to allow homebuilders to use...
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Illinois Renewable Resources Procurement Plan Aims to Boost Renewable Energy Development
By Joel A. Hugenberger on Oct 27, 2017
Posted In Project Development and Finance, Renewables
On September 29, 2017, the Illinois Power Agency (IPA) released its Long-Term Renewable Resources Procurement Plan (Plan) to implement renewable energy goals set forth in Illinois’s Future Energy Jobs Act, which went into effect on June 1. Together, the new legislation and the Plan, among other things, make significant modifications to Illinois’s renewable portfolio standard...
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Electric Utility and Solar Advocates in Arizona Reach Compromise Rate Settlement for Rooftop Solar
By McDermott Will & Emery and Joel A. Hugenberger on Mar 10, 2017
Posted In Renewables
The Arizona Public Service Co. (APS) and solar industry representatives and advocates have reached a settlement on rooftop solar compensation and rate design, following years of heated policy debate. The settlement, which the Arizona Corporation Commission (ACC) is expected to vote on this summer, required compromise from both sides on a variety of issues. Future...
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