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Inflation Reduction Act

Overview

Our lawyers don’t just react to IRA updates issued by executive agencies, we help you stay ahead of the game. Crowell & Moring provides comprehensive services to support our clients in navigating rapidly-evolving IRA-related policy, regulatory, and legislative updates. Our multidisciplinary team includes tax attorneys with M&A, tax policy, and tax controversy expertise; government contracts attorneys with expertise in domestic content and manufacturing requirements; labor and employment attorneys with prevailing wage and apprenticeship expertise; energy litigators, and government affairs professionals.

Representative Matters

  • Advising a large private equity (PE) fund on various IRA programs and guidance, and specifically its impact on the PE fund’s portfolio companies.
  • Strategically counseled a U.S. bank regarding the transferability of the IRA’s clean energy tax credits, and advising the same on the purchase and sale of IRA tax credits.
  • Providing due diligence support to tax credit sellers and broker/dealer platforms.
  • Representing a Hydrogen fuel cell supplier on the negotiation of an equipment supply and installation agreement and maintenance services agreement.
  • Advising a global trading company on the Section 30(d) tax credit’s battery component and critical mineral sourcing requirements.
  • Advising manufacturers and energy developers on the Section 48C program being jointly administered by the Treasury Department and Department of Energy
  • Drafted and submitted comments on behalf of a leading automotive supplier regarding Treasury and IRS guidance on the Section 45X Advanced Manufacturing Credit.
  • Advising a Mexican cement producer on the preparation and negotiation of a power purchase agreement for an inside-the-fence solar project and for an integrated heat recovery system.
  • Advising a Fortune 500 contract manufacturer on DOE’s Section 1703 and Section 1706 Loan Programs.
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Professionals