Bipartisan legislation introduced in the U.S. Senate would give investors in a range of clean-energy projects the ability to form master limited partnerships (MLPs), putting them on level ground with investors in fossil fuel-based projects. The Financing Our Energy Future Act (S. 1034) would allow clean energy project investors to use a MLP structure, which gives those projects access to larger and more liquid sources of capital than currently available, making them effective at attracting private investment. Energy resources covered in S. 1034 include solar, wind, hydropower, marine and hydrokinetic energy, fuel cells and more. S. 1034 was introduced by Sens. Chris Coons, D-Delaware, and Jerry Moran, R-Kansas. Among the co-sponsors are four Republicans, four Democrats and one Independent. Sen. Coons released a summary of the bill. A similar bill was introduced in the House of Representatives.

The future of renewable energy investment will be the focus of the Novogradac 2021 Spring Renewable Energy and Environmental Tax Credits Virtual Conference, May 20-21.