The US Court of Federal Claims awarded damages of more than $206 million to Plaintiffs/applicants in a case with respect to the cash grant under Section 1603 of the American Recovery and Reinvestment Act of 2009 (Public Law 111-5). In its opinion, which was unsealed on Monday, October 31, the court held that the US Department of the Treasury had underpaid the Section 1603 Grants arising from projects in the Alta Wind Energy Center because it had incorrectly reduced Plaintiffs’ eligible basis in the projects. In a separate case in the Section 1603 Grant context, the court awarded $450,000 to GUSC Energy, Inc. in connection with a combined heat and power biomass facility.
Debra A. Harrison advises publicly traded and privately held companies on general corporate matters and business-growth strategies. She represents clients throughout the corporate lifecycle, from transactions related to capital formation, mergers and acquisitions, joint ventures and strategic alliances, through brand extension programs, licensing of trademarks and other intangible assets, and the design and implementation of distribution channels and techniques. She has developed a concentration on renewable energy transactions, including the structuring, development and financing of solar photovoltaic projects in the United States and the European Union. Read Debra Harrison's full bio.