CEI

Competitive Energy Insight, Inc.

Phone: (858) 566 - 0221

Fax: (858) 566 - 0287

info@ceinsight.com

SUMMARY OF LEASE TRANSACTION OPTIONS
Credits to Keith Martin, Eli Katz, Ken Hansen and I, at Chadbourne & Parke, analyzed the stimulus bill that President Obama signed today. They released the following short discussion on its implications to the renewable power world.           Overveiw of Alternative Lease Structures for Renewables Choosing an investment credit will open the door to two forms of lease transactions that cannot be used in projects on which production tax credits...

UPDATE ON CASH GRANT ALLOWANCE
The following summary was provided by Lance T. Brasher of Skadden, Arps, Slate, Meagher & Flom LLP  on July 7, 2010 The Treasury Department recently posted on its website frequently asked questions and answers regarding the rules for determining when construction of property is considered to begin for purposes of the grant program for specified energy property (the "FAQ").  The grant program, which was instituted pursuant to Section 1603 of the American Recovery and R...

TREASURY DEPARTMENT GUIDANCE REGARDING CASH GRANT / "BEGIN CONSTRUCTION" REQUIREMENT

Prepared by Stoel Rives Carl Lewis, Greg Jenner, Kevin Pearson, Adam Kobos   June 25, 2010 The U.S. Treasury Department today released on its website additional guidance regarding the "begin construction" requirement for qualifying for the 30% ARRA cash grant. To qualify for the grant, a project either must be placed in service in 2009 or 2010 or, if construction begins on or before December 31, 2010, must be placed in service by a specified credit termination date...

UPDATE ON DOE LOAN GUARANTEE PROGRAM
November 19, 2009   Written by Nixon Peabody LLP   - Renewable Energy Alert                               Authored by Deborah DeMasi and Ellen Feldman    The Financial Institution Partnership Program and Commercial Renewable Energy Generation Solicitation announced by the DOE on October 7, 2009 (the “FIPP S...

STATUS OF US RENEWABLE ENERGY STANDARD
Source:  AWEA  Wind Energy Weekly  May 22, 2009 House, Senate Panels Approve Modest RES; AWEA to Seek Strengthening Key House and Senate committees took steps this week to enact a renewable electricity standard (RES) as part of comprehensive energy legislation. However, the House and Senate committee versions are weaker than what has been both sought by the wind industry and championed by the Obama Administration. The House Energy and Commerce Committee finished action on it...

COMPARISON OF ITCS TO PTCS OR WIND PROJECTS
Discussion below chart. Chart Comparing ITC to PTC Value This single chart illustrates the relative value of the Investment Tax Credit  (ITC) based on the “Breakeven” or “Equivalent” Net Present Value (NPV10%) of the cash flows of a wind project utilizing the ITC versus the same project utilizing the Production Tax Credits (PTCs). The chart is presented as a function...