Ed Zaelke Talks REITS for Renewables with Climate Change Business Journal

In an article that appeared in Climate Change Business Journal, “Financing Options Narrow in Climate Change Industry,” Akin Gump global project finance head Ed Zaelke was quoted on the topic of real estate investment trusts (REITs) as financing vehicles for utility-scale renewable power projects.

Zaelke said there are some “serious tax questions” as to whether certain renewable projects qualify for investment by REITs. He observed that, in order to make such a model of financing work, “you might have to change the underlying business assumptions or business structures to fit the REIT investment requirements.”