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U.S. Department of the Treasury and U.S. Department of Energy Announce Guidelines and Applications for $2.3 Billion in Advanced Energy Manufacturing Tax Credits

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The American Reinvestment and Recovery Act of 2009 (“ARRA”) authorizes the U.S. Department of the Treasury (“Treasury”) to award $2.3 billion in tax credits for investments in manufacturing facilities that support energy generation and conservation (the “MTC”).

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Published In: Commercial Law & Contracts Updates, Energy & Utilities Law Updates, Tax Law Updates, Finance & Banking Updates, Environmental Law Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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