Wind Power in Poor Regions May Increase U.S. Access to Financing
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Wind farms may become more attractive to investors because of new guidance that increases the number of banks that may participate in tax-equity financing, according to an industry group.
The U.S. Treasury’s Office of the Comptroller of the Currency now permits national banks and federal savings associations to make tax-equity investments in wind farms that are in low-income regions and provide a public benefit, according to the American Wind Energy Association.