Lea A Phillips

Lea A Phillips

July 23, 2024 | The Legal Intelligencer

Brownfield Qualification for the Energy Community Tax Credit

With additional tax credit value available to energy projects under the Inflation Reduction Act, renewable energy companies should closely evaluate their project locations—particularly those projects that may be located in a "brownfield area," given the recent changes in law related to emerging contaminants perfluorooctanoic acid (PFOA) and perfluorooctanesulfonic acid (PFOS), and certain "bonus credits" available to projects in those locations.

By Christopher A. Jones, Katie Leesman and Lea A. Phillips

7 minute read