Alta Wind Ruling Marks 'Significant Setback' for Government
A Nov. 9 article in SNL Power Daily quoted an article by Troutman Sanders partners Craig Kline, Adam Kobos, John Leonti and Roger Reigner, which was based on a case brought by the owners of six wind farms in the Alta Wind Energy Center 90 miles north of Los Angeles after the U.S. Treasury Department cut the amount of grant money they were awarded through the American Recovery and Reinvestment Act of 2009. The article recaps the U.S. Court of Federal Claims judge’s ruling that the government should have issued Section 1603 grants based on the price the applicants paid for the projects, rather than the cost of construction.