SPR Law

OCTOBER 29, 2020

In late October 2020, the New York City Department of Finance issued proposed regulations to implement a Property Assessed Clean Energy (“PACE”) loan program in NYC to provide targeted loans with favorable terms to building owners for installation of systems designed to reduce energy use and carbon emissions. The deadline to submit comments on the… The post NYC Issues Proposed Property Assessed Clean Energy (PACE) Loan Regulations appeared first on Sive Paget Riesel.

Clean Energy 52

Clean Energy Regulations Carbon Emissions 2020 52

Renewable + Law

OCTOBER 29, 2020

Over the course of the next several months, participants that are actively engaged in project financing will need to begin thinking about how to manage the transition away from the London interbank offer rate (LIBOR, known as the “most important number in finance”). LIBOR forms the basis for many financing agreements. LIBOR is scheduled to be phased out by market regulators on December 31, 2021, and many large banks and investment managers have been busy preparing for this fundamental shift.

2021 40

2021 2020 Regulations 40