As states, tribes and businesses focus on commercially viable development of renewable energy resources, Modrall Sperling lawyers can assist developers and operators of wind, solar, biomass and geothermal projects find efficient solutions to their legal challenges. Our lawyers have represented clients developing wind farms in every phase of project development, operation, and transfer. Our renewable energy experience builds on our experience with more traditional power plant development for merchant generators. We have been involved in the development of every large-scale wind farm in New Mexico.
Our lawyers have extensive experience working with regulators and agencies related to renewable energy development, including the New Mexico Public Regulation Commission (PRC) and the Federal Energy Regulatory Commission (FERC), the New Mexico Energy Minerals and Natural Resources Department, State Land Office, Environment Department, and Taxation and Revenue Department, as well as the Governor's office. Additionally, we offer assistance with issues related to public and private lands rights-of-way and easement acquisition, power purchase agreements, environmental compliance, State and Federal lobbying, real estate, insurance coverage, and complex business litigation.
Tax implications are another major concern for renewable energy developers as they strive to minimize their costs and maximize their return on investment. New Mexico's broad gross receipts tax can present traps for the unwary developing power projects. In addition, New Mexico has a large number of income tax, gross receipts and property tax incentives, some of which target renewable energy projects and others of general applicability that can reduce those costs. The firm helps clients understand and take advantage of these, offering tax planning strategy and support.