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Expert Analysis

Utilities' Build-Transfer Deals Spur Renewable Projects

By Sean Shimamoto and Frank Shaw (October 24, 2018, 2:43 PM EDT) -- Electric utilities in the U.S. historically have been buyers and sellers, but not producers, of renewable energy. Largely due to tax and accounting constraints, vertically integrated, regulated utilities traditionally have entered into power purchase agreements to procure solar, wind and other renewable energy from independent power producers, rather than building such projects and including them in their rate base....

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