White House Awards $2.3B In Clean Energy Tax Credits

Law360, New York (January 8, 2010, 5:24 PM EST) -- The White House announced Friday that it had awarded $2.3 billion in tax credits for 183 clean energy manufacturing projects across the country, a move that it says will generate more than 17,000 jobs.

The investment tax credits, issued as part of the $787 billion American Recovery and Reinvestment Act — otherwise known as the stimulus package — are worth up to 30 percent of each planned project, and will be matched by as much as $5.4 billion in private sector funding, according to the White...
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