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purplemountain

07/05/11 11:36 AM

#98281 RE: spencerforhire #98275

I have heard from a Berlin political source that the June 30th issue had to do with financing and tax credits. I know that it isn't the federal 1603 tax credits (the deadline for those is construction started by Dec 31, 2011), but perhaps some other.

The source (a rep, not the sentator quoted everywhere) didn't have details but said one of the financing programs that Cate St was counting on had a hard federal deadline of June 30, and when that data passed the deal became too expensive.

I don't know the truth or details of this, but thought I would pass on. I am trying to see what else - if anything - I can figure out.

Grozny

07/05/11 11:37 AM

#98282 RE: spencerforhire #98275

IPPs without a PPA = No IPPs.