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Inflation Reduction Act
ICLG: England & Wales Renewable Energy 2024
Bracewell’s Oliver Irwin, Robert Meade, Nicholas Neuberger and Adam Quigley authored the England & Wales Q&A analysis chapter in the fourth edition of International Comparative Legal Guides – Renewable Energy Laws and Regulations 2024.
ICLG: The Rise of Co-Located Renewable Projects 2024
Bracewell’s Oliver Irwin, Ro Lazarovitch and Nicholas Neuberger take a brief look at the current state of the co-location market and the corporate structuring solutions being adopted, as well as certain bankability considerations in the Expert Analysis chapter in the fourth edition of International Comparative Legal Guides – Renewable Energy Laws and Regulations 2024.
A Chattering of Starlings – African Holdcos
Bracewell’s Tom Jamieson and Gordon Stewart along with NK Naginlal Modi, power and infrastructure senior relationship manager at Mauritius Commercial Bank Limited, discuss the emergence and intricacies of a holdco financing in the African landscape, combining project finance, acquisition finance and structurally subordinated holdco financing.
IRS and Treasury Department Release Proposed Regulations for Labor Requirements Under Inflation Reduction Act
On August 29, 2023,[1] the IRS and Treasury Department released proposed regulations (the Proposed Regulations) regarding the prevailing wage requirements (the Prevailing Wage Requirements) and the apprenticeship requirements (the Apprenticeship Requirements and, together with the Prevailing Wage Requirements, the Labor...
Seller Beware: The Impact of New Executive Regulations Under the UAE’s Consumer Protection Law
Significant changes to consumer protection legislation in the United Arab Emirates (UAE) will take effect on 14 October, 2023. Businesses should be aware of how such legislation may impact their current operations and in turn make the necessary adjustments to...
Driverless in Dubai: Autonomous Vehicle Regulation Advances in the United Arab Emirates
In line with Dubai’s Autonomous Transportation Strategy (the Strategy), on 14 April, 2023, Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates (the UAE) and Ruler of Dubai, introduced legislation to provide a...
FTC Acts to Remedy Interlocking Director and Information Exchange Concerns in Oil & Gas Transaction
On August 16, 2023, the Federal Trade Commission took action to resolve its antitrust concerns associated with a proposed transaction between EQT Corporation (EQT) and private equity firm QEP Partners, LP (Quantum) pursuant to which EQT agreed to acquire certain...
Fifth Circuit Expands Title VII Exposure for Employers
On August 18, 2023, in Hamilton v. Dallas County, the US Court of Appeals for the Fifth Circuit, sitting en banc, expanded the circumstances under which an employer can be held liable for disparate treatment under Title VII of the...
What to Expect When You’re . . . Under the Pregnant Workers Fairness Act Proposed Rules
On August 7, 2023, the US Equal Employment Opportunity Commission (EEOC) issued proposed rules for implementing the Pregnant Workers Fairness Act (PWFA). Once published in the Federal Register, the public will have 60 days to comment on the proposed rules...
NLRB Revises Test for Evaluating Workplace Policies
On August 2, 2023, in Stericycle, Inc. (Stericycle), the National Labor Relations Board (the Board) revised the test for determining whether an employer’s workplace policies comply with the National Labor Relations Act (the NLRA). Stericycle reverses the Board’s 2017 decision...
FERC Finalizes Interconnection Queue Reforms
On July 28, 2023, following up on its June 2022 Notice of Proposed Rulemaking (“Generator Interconnection Reform NOPR”), the Federal Energy Regulatory Commission (“FERC” or “Commission”) issued its long-awaited rulemaking order, Order No. 2023, requiring reforms to FERC’s pro forma...
The Multi-Sector Fuel Dilemma
Confusion persists among industry stakeholders regarding the correct structuring approach to renewables. The truth is that renewables traverse sectors and is not a sector itself. Electrical power generated through sustainable means is a service, much like fossil fuel powered power...
What Once Was Old Is New Again: DOJ and FTC Issue Draft New Merger Guidelines
On July 19, 2023, the Department of Justice (DOJ) and the Federal Trade Commission (FTC) issued a draft version of new Merger Guidelines (Merger Guidelines), which would replace the 2010 Horizontal Merger Guidelines and the 2020 Vertical Merger Guidelines (the...
Voluntary Carbon Credits – A Free Market Solution
OVERVIEW In February of this year, the International Emissions Trading Association (“IETA”) published a comprehensive set of standardised agreements for the sale and purchase of voluntary carbon credits (“VCCs”). The international market for VCCs has been growing at a substantial...
Texas UIC Class VI Update: Proposed Amendments to 16 TAC Ch. 5
In Volume 48, Number 26 of the Texas Register, the Railroad Commission of Texas (RRC) published proposed amendments to 16 Texas Administrative Code Chapter 5 (relating to Carbon Dioxide and related storage activities). These proposed rules are essential to Texas’...