Texas Infrastructure Act And Renewables Projects: 1 Year In

By Jennifer Pier (June 28, 2022, 6:26 PM EDT) — It has been a year since Texas’ Lone Star Infrastructure Protection Act, or LIPA, was signed into law by Gov. Greg Abbott on June 18, 2021. In the past year, we have seen developers, tax investors and purchasers of renewable energy projects alike address compliance with LIPA in varied ways.

In this article, we aim to provide a refresher on LIPA, discuss why renewable energy project developers, owners and investors should be concerned with LIPA, and recommend actions for incorporating LIPA-related provisions into renewable energy development transaction and project financing documents.

The Lone Star Infrastructure Protection Act

LIPA amends Subtitle C,…

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