Perspective
05 December 2023
Vineyard Wind 1: A slow flying flock to tax equity
In:
Renewables
Region:
Americas
The $1.2 billion Vineyard Wind 1 tax equity deal is the first for a commercial-scale US offshore wind farm and the largest-ever single asset tax equity financing to date. So will Vineyard Wind 1’s use of ITCs and a yield-based partnership flip structure become the norm for US offshore wind?
