Here's what we know:

• The US government has the right to review the process in which a grant or loan was awarded and can stop funds for 90 days.
• Loans are legal commitments of the Federal government and cannot be cancelled or have funds withheld unless the borrower is noncompliant with the terms of the governing legal agreement.
• Grants are different than loans; per the governing legal agreements allow them to be cancelled if the project is no longer in accordance with DOE policies. This leaves grant recipients at risk.
• Tax credits and clean energy programs that are derived from the Inflation Reduction Act (IRA) or the Infrastructure Investment and Jobs Act (IIJA) were approved by Congress and funds were appropriated by Congress. The law of impoundment is being reviewed to prevent the executive branch from repealing these acts.

In addition to changes stemming from these recent executive orders, the energy industry faces rising costs, supply chain disruptions and potential tariffs. Clean energy companies are squeezed more than ever by tight margins and limited flexibility. It is crucial to reassess costs, suppliers and pricing strategies to stay competitive and navigate these challenges. To overcome these challenges and realize the opportunities they present, you must take a proactive approach. Where does this leave companies looking for capital to grow their businesses?

A&M can help. There are several strategic options available to consider:

• A&M’s strategy & industry experts can assess your business model and supply chain to make strategic recommendations. We can develop or augment your existing financial model to assess your strategic options to determine the best course of action to maximize cost savings.
• A&M’s Corporate Transactions Group can provide highly tailored integrated transaction solutions with a relentless focus on value creation throughout the lifecycle of a deal, offering the support needed for a successful debt or equity transaction.
• A&M Valuation Services can provide management with the knowledge of what your business/project is worth to aid in the strategic decision-making process. This team can also support cost segregations studies.
• A&M Tax can provide planning services to minimize the potential impact of tax law changes related to energy tax credits on your current project pipeline and maximize the value of other available tax incentives.
• A&M’s Corporate Finance experts can help you locate new funding facilities, restructure your business, broker a sale to a strategic buyer, or sell existing energy tax credits, all of which help to achieve the maximum value of your business.