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IRS and Treasury Release Update to Notice 2023-29 on “Energy Community” Bonus for ITC- and PTC-eligible Projects - Gibson Dunn
https://www.gibsondunn.com/irs-and-treasury-release-update-to-notice-2023-29-on-energy-community-bonus-for-itc-and-ptc-eligible-projects/
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The IRS and Treasury issued Notice 2023-29, which provides eagerly awaited guidance for developers and investors seeking to qualify energy projects for the energy community bonus credit available under sections 45, 45Y, 48, and 48E.