CRA supported GenOn in a property tax valuation case for the Morgantown coal plant in Maryland. The project involved preparation of gross margin forecasts for a given tax year and validation of CRA’s GE MAPS model through backcast exercises. The analysis was presented in a CRA expert report submitted to Maryland tax court and live testimony.
Project finance basics for International Arbitration practitioners
Lenders often depend exclusively on project revenues for repayment, so any operational or regulatory disruption can quickly jeopardize covenant compliance and...