Vaughn Morrison, a partner in Troutman Pepper Locke’s Energy Industry Group, was quoted in the March 13, 2025 Bloomberg Law article, “A Surprising Trump Bump for One Big Law Practice: Clean Energy.”

The rush has made for a “frantic” first quarter of activity, said Vaughn Morrison, a partner at Troutman Pepper Locke who represents financiers, utilities and sponsors building renewable energy projects.

Morrison compared the current environment to working during the COVID-19 pandemic. During both moments, the workload was crushing and set against the backdrop of “dread,” he said. This time around, it’s the possibility that tax credits will be significantly rolled back.

“We were busier than we ever had been, but there was this looming threat of something really bad happening,” he said. “It feels a little bit like that.”

The 2022 law allowed for the first time some tax credits to be sold, creating a new type of financing that has become a lucrative source of work for law firms, Morrison said.

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