On Thursday, June 20, Kutak Rock attorneys Fred Marienthal, Matthias Edrich and Allyssa Wall presented "Tax Credits and Direct Pay for Clean Energy" as a part of the Colorado Housing Finance Authority's chfareach webinar series. 

In this presentation, Fred, Matthias and Allyssa informed participants about the Inflation Reduction Act and its clean energy credits. Nonprofits, states, tribal governments, local governments and others can take advantage of tax credits through either direct pay or a transfer of credit. Topics included eligibility for these credits, the potential value and the process for claiming the Investment Tax Credit or Production Tax Credit for their projects.

Click here to view the recording of this presentation.

Click here to view the PowerPoint used during the presentation.

Fred has participated in over 1,000 financings aggregating $32 billion and focuses his practice on higher education facility financings, P3 financings, conduit private activity bonds, nonprofit facility financings and multifamily housing revenue bonds. He routinely serves as bond, disclosure and underwriter’s counsel on tax-exempt bond financings for public and nonprofit colleges and universities, charter and independent schools, charitable organizations and housing authorities.

Matthias advises clients on tax structuring of municipal and corporate debt transactions and financing-related section 501(c)(3) exemption matters. He has represented bank lenders and capital markets underwriters, government and corporate issuers, student loan lenders, large hospital systems, housing developers, energy and solid waste recycling companies, manufacturers and various types of section 501(c)(3) nonprofits.

Allyssa joined the firm after serving as a Term Law Clerk in the Eighth Circuit U.S. Courts of Appeals (2019-2020) and as a Judicial Law Clerk in the North Dakota Supreme Court (2018-2019).  Her practice focuses on the equity and debt aspects of complex real estate transactions involving low-income housing tax credits, renewable energy tax credits and numerous other related state and federal financing products including tax-exempt bond financing.