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Alta Wind v. US
Case Number:
17-1410
Court:
Nature of Suit:
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July 27, 2018
Fed. Circ. Vacates $207M Win For Wind Farms In Grant Case
The Federal Circuit on Friday vacated and remanded a decision by the U.S. Court of Federal Claims that found the government owed the owners of California-based wind farms nearly $207 million in cash grants after the U.S. Department of Treasury undervalued their cost basis.
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January 12, 2018
Treasury Lowballed Wind Farm Grants, Fed. Circ. Hears
The U.S. Department of the Treasury should include a wind farm's tax benefits in its fair market value for the purposes of calculating its Section 1603 energy cash grants, just as mortgage deductions are accounted for in the sales price of a house, an attorney for Alta Wind Energy Center told the Federal Circuit on Friday.