Heather Cooper
Subscribe to Heather Cooper's PostsHeather Cooper works on federal income tax matters, with a focus on energy tax issues. She represents clients in restructurings, mergers and acquisitions, and other transactional energy related matters. Heather's national practice includes advising on all aspects of renewable energy transactions such as solar and wind projects. She provides advice on tax equity structures, refinancings, acquisitions and dispositions, restructurings and workouts. Read Heather Cooper's full bio.
Key Takeaways | Guidance on the Wage and Apprenticeship Provisions
By Heather Cooper and Philip Tingle on Dec 5, 2022
Posted In Project Development and Finance, Renewables, Tax, U.S. Congress
The Navigating the New Energy Landscape webinar series came back last week for a special bonus session that focused on the just-released Internal Revenue Service (IRS) guidance on the wage and apprenticeship provisions included in the Inflation Reduction Act of 2022 (IRA). During this webinar, McDermott Partners Heather Cooper and Philip Tingle walk through the...
Continue Reading
Key Takeaways | Hospitals and Renewable Energy: New Financial Incentives and Opportunities in the Inflation Reduction Act
By Heather Cooper, Debra Curtis and Carl J. Fleming on Nov 9, 2022
Posted In Project Development and Finance, Renewables, Tax, U.S. Congress
During this webinar, Heather Cooper and Carl Fleming, partners in the McDermott’s energy & project finance group, teamed up with McDermott+Consulting’s Debra Curtis to break down the key opportunities and actionable steps that your in-house team stakeholders need to know about to take advantage of what the Inflation Reduction Act of 2022 (IRA) has to...
Continue Reading
Key Takeaways | Clean Hydrogen Producers Get a Big Boost from the Inflation Reduction Act
By Heather Cooper, Christopher Gladbach and Allison Perlman on Oct 21, 2022
Posted In Project Development and Finance, Renewables, Tax
Green hydrogen is a developing industry in the United States. The Inflation Reduction Act of 2022 (IRA), which includes $369 billion in energy and climate spending, even introduces a clean hydrogen production tax credit (PTC) and broadens the existing investment tax credit (ITC) to apply to hydrogen projects. During the latest webinar in our Navigating...
Continue Reading
Key Takeaways | Technology-Neutral Tax Credits: When Will ITC and PTC Disappear?
By Heather Cooper and Joel A. Hugenberger on Oct 7, 2022
Posted In Natural Gas, Project Development and Finance, Renewables, Tax
During this webinar, McDermott Partners Heather Cooper and Joel Hugenberger hosted Jay Chang, managing director at CCA Group, for a discussion on how the new technology-neutral tax credit will work and how it may impact the industry moving forward. Below are key takeaways from the discussion: 1. The newly introduced technology-neutral tax credits (for both...
Continue Reading
Key Takeaways | Tax Credit Bonuses for Low-Income and Coal, Oil and Gas Energy Communities
By Heather Cooper and Philip Tingle on Sep 16, 2022
Posted In Natural Gas, Project Development and Finance, Renewables, Tax
On September 13, McDermott Partners Heather Cooper and Philip Tingle provided a detailed overview of the bonus tax credits under the Inflation Reduction Act of 2022 for projects satisfying low-income thresholds or built-in energy communities with ties to coal, oil and natural gas, including the technical requirements for each bonus and how these new rules...
Continue Reading
Key Takeaways | A Deep Dive into Wage and Apprentice, Domestic Content, Transfer and Direct Pay
By Heather Cooper and Philip Tingle on Sep 2, 2022
Posted In Renewables, Tax, U.S. Congress
On August 31, McDermott Partners Heather Cooper and Philip Tingle provided a detailed review of the wage and apprentice, domestic content, transferability and direct provisions of the Inflation Reduction Act of 2022. They discussed the technical requirements for each of the new sections and offered insight into how these new rules will impact the deal...
Continue Reading
Key Takeaways | Renewables Tax Takeaways from the Manchin-Schumer Deal on Taxes, Climate and Energy
By Philip Tingle and Heather Cooper on Aug 2, 2022
Posted In Renewables, Tax, Uncategorized
On August 1, McDermott Partners Philip Tingle and Heather Cooper hosted a webinar to address the climate bill, dubbed the Inflation Reduction Act of 2022, which unexpectedly came back on the table on July 27. Click here for a summary of the bill. Below are key takeaways from the presentation: Last week’s surprise Congressional bill incorporates many of the same...
Continue Reading
Key Takeaways | Legislative Update on Renewable Energy Tax Incentives
By Heather Cooper and Philip Tingle on Nov 18, 2021
Posted In Project Development and Finance, Renewables, Tax, U.S. Congress
On November 17, McDermott Partners Philip Tingle and Heather Cooper were joined by Bill Parsons, COO of the American Council on Renewable Energy (ACORE), for a discussion on recent legislative activity regarding renewable energy tax incentives and how it will affect current tax credits as well as those in the center of the renewables space....
Continue Reading
IRS Provides Relief on Begin Construction Continuity Requirements
By Heather Cooper and Philip Tingle on Jun 30, 2021
Posted In FERC, Project Development and Finance, Renewables, Tax
Yesterday, the Internal Revenue Service (IRS) issued Notice 2021-41 (the Notice), providing relief for continuity requirements for the investment tax credit (ITC) under Section 48 and the production tax credit (PTC) under Section 45. The applicable tax rate for the ITC and PTC is based on the year a project “begins construction.” Under existing IRS...
Continue Reading
Key Takeaways | The Energy Market in 2021: Legislative Update on Renewable Energy Tax Incentive
By Philip Tingle and Heather Cooper on May 20, 2021
Posted In Renewables, Tax
The energy market has undergone significant change in the past 12 months, with even more on the horizon. Our webinar series explores how these changes have shaped—and will continue to impact—the energy industry, including discussions of what’s to come. Our latest webinar featured McDermott partners Philip Tingle and Heather Cooper and Carol Wuerffel, Senior Director,...
Continue Reading
