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Federal Treasury Grant in Lieu of Tax Credits Due to Expire 12-31-2010, US Renewable Energy Market Momentum Threatened

WHO Notable speakers and attendees include:

  • Neil Auerbach, Co-Managing Partner, Hudson Clean Energy Partners
  • Jeffrey Holzschuh, Vice Chairman, Morgan Stanley
  • Patrick Eilers, Managing Director, Madison Dearborn Partners
  • Michael Eckhart, President, American Council On Renewable Energy (ACORE)
WHAT

The American Council On Renewable Energy (ACORE) and the United States Partnership for Renewable Energy Finance (US PREF) have identified an impending gap in government policy, impacting private financing for renewable energy projects.

Renewable energy finance experts will discuss an important new survey of the leading financiers of renewable energy projects on the impact of the Section 1603 Treasury Grant Program and implications if Congress does not extend this important policy measure.

If the program is allowed to expire in 2010, the level of capital that is available to finance renewable energy is anticipated to decline by more than 50%, jeopardizing the installation of clean renewable power projects throughout the U.S., curtailing the job generation that this sector has provided, and limiting the AdministrationâEUR(TM)s goal of doubling the production of renewable energy in three years.

WHEN Wednesday, July 21 at 1:00PM
WHERE Troutman & Sanders 401 9th St NW âEUR" 10th Floor
Washington, DC

OR Call into: 1-888-880-7219; Code: 5706433#

Please pre-register to Tom Weirich: This email address is being protected from spambots. You need JavaScript enabled to view it. . Documents for the press conference will be distributed to all pre-registered press at 12 Noon on Wednesday.

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