Wind Companies Involved In FAIR Coalition To Promote MLP Bill

Several renewable energy companies, including prominent wind industry developers and manufacturers, have formed a coalition to promote and support the Master Limited Partnerships (MLP) Parity Act. The coalition, named Financing America's Investment in Renewables (FAIR), is advocating for equal treatment between clean energy and fossil fuels that would allow average Americans to invest in renewable energy projects in the same way they do oil and gas projects.

US Senate Bill Would Open MLP Business Structure to Renewable Energy

Legislation recently introduced in the US Senate seeks to level the energy playing field between fossil and renewable energy projects. The bill, titled the Master Limited Partnerships Parity Act, would allow investors in renewable energy projects access the corporate structure of master limited partnerships.

The business structure offers tax significant tax benefits to investors, this is now available to investors in fossil energy projects only.

The bipartisan bill was introduced by Senators. Chris Coons, D-Del.; Jerry Moran, R-Kan.; Debbie Stabenow, D-Mich.; and Lisa Murkowski, R-Alaska, on 24 April. The bill was referred to the Senate Committee on Finance

MLPs Under Consideration to Finance VT Renewable Energy

Vermont has introduced legislation intended to make renewable energy projects easier to finance.

Representative Peter Welch's Master Limited Partnership Parity Act would allow renewable energy companies to take advantage of master limited partnerships (MLP) -- a key financing tool used by the energy sector, which has driven investments in oil, gas, and coal projects for nearly 30 years.