(1888PressRelease)
August 18, 2009 - “The 2009 Recovery Act has made billions available to companies trying to build renewable energy facilities,” Sanderson says. “The policy is to promote domestic and renewable sources of energy.”
Sanderson has been involved in more than 100 tax credit transactions involving renewable energy. He has also served as a co-owner and financial officer of Power Management, Inc. since 1995, and of W-T-E Development, LLC since 1999. Power Management, Inc. and W-T-E Development, LLC are private alternative energy firms that developed and financed over 30 energy projects in 14 states from 1995 to 2004.
As a member of the firm’s Business Transactions, Corporate & Taxation Group, Wilson was recently appointed the Chair of the Renewable Energy Committee of the American Bar’s Public Utility Section. In this role, he will be recruiting other lawyers to join the committee to increase awareness of the role of renewable energy and to provide a forum for collaboration among attorneys in the industry.
“Renewable energy is something that this country needs,” Wilson says. “Our reliance on fossil fuels has both environmental and national security impacts. The public supports increased electric production from renewable sources and Congress has voiced its support through a variety of financial incentives. Our role as attorneys is to help our clients leverage those incentives to finance the development of renewable energy facilities to create the infrastructure that will increasingly provide more of our country’s energy needs.”
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