White House supports plan allowing renewable energy industry to form tax advantaged partnerships - sources
FILE PHOTO: Power-generating Siemens 2.37 megawatt wind turbines are seen at the Ocotillo Wind Energy Facility as the spread of the coronavirus disease continues in this aerial photo taken over Ocotillo, CaliforniaBy Jarrett Renshaw and Laura Sanicola
The expansion would allow the renewable energy industry - from wind and solar to biofuels like ethanol - to form master limited partnerships, known as MLPs, that combine the funding advantages of corporations with the tax advantages of partnerships.
The renewable energy industry has long sought access to the corporate structure as a way to even the playing field.
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