USA: Future Bright for Renewable Energy Financing Legislation

Stars aligning for MLP Parity Act, says key Republican senator (Recharge)

The ability for US renewables companies to qualify as master limited partnerships could prove helpful in the post-PTC world

The Master Limited Partnerships Parity Act, a bill that would allow US renewables companies to adopt the tax-advantaged Master Limited Partnerships (MLP) structure, stands a good chance of becoming law this year, says Republican Senator Lisa Murkowski, chair of the powerful Senate Energy and Natural Resources Committee.

“There’s a growing group of supporters for moving forward on [MLPs], to allow for this financing opportunity within the renewables sector,” Murkowski said Wednesday at the Renewable Energy Policy Forum, hosted by the American Council on Renewable Energy (ACORE).

The MLP Parity Act would expand the structure to companies working with a range of renewables technologies, from the increasingly mature wind and solar sectors to more nascent opportunities like marine and geothermal energy.

Read More........