May 27, 2024

K&L Gates Adds Energy, Infrastructure, and Resources Partner in Washington, D.C. | News & Events

K&L Gates Adds Energy, Infrastructure, and Resources Partner in Washington, D.C. | News & Events

Washington, D.C. – Worldwide regulation agency K&L Gates LLP welcomes Martha (Marty) Groves Pugh as a companion in the Washington, D.C., place of work. She joins the firm’s Tax and Electricity, Infrastructure, and Methods methods, which also extra a main, multi-workplace renewable strength team earlier this calendar year. Pugh joins K&L Gates from McDermott Will & Emery LLP.

Pugh advises customers on federal income tax issues with a specific emphasis on the nuclear and electricity industries. She has served clients seek and receive lots of personal letter rulings and has intensive knowledge in drafting legislative language for tax proposals and interacting with the U.S. Division of Treasury and the IRS on crucial market challenges. Pugh’s apply also includes tax arranging for proposed transactions and advising customers on audits, appeals, and litigation concerns.

Pugh has robust knowledge of renewable electricity incentives, this kind of as generation tax credits and expenditure tax credits associated to wind and photo voltaic projects. She has been heavily concerned in establishing options for shoppers connected to the Inflation Reduction Act of 2022 including the new generation tax credit for current nuclear vegetation and tax credits for clean hydrogen. She has abilities with new sector tax credits in both equally the context of transactions and legislative attempts.

In addition, Pugh counsels vitality marketplace businesses on tax accounting troubles these as repairs, placed-in-support, depreciation and deal restructuring troubles, contribution in aid of development issues, and corporate and partnership problems associated in restructurings. She advises customers on nuclear decommissioning problems ahead of the IRS, the Nuclear Regulatory Fee, the Federal Electricity Regulatory Commission, and condition general public services commissions.

J. Barclay Collins, taking care of lover of K&L Gates’ Washington, D.C., place of work, claimed: “Marty is a seasoned tax lawyer symbolizing utilities and other energy marketplace firms and will advise our vitality shoppers in navigating intricate tax procedures relating to the energy field, together with not long ago enacted Local weather Modify legislation. We are thrilled to have her sign up for our Washington business.”

Pugh is among practically 140 associates and of counsel K&L Gates has welcomed across its world-wide system since the starting of 2020, with the firm’s Washington, D.C., office also getting included associates Mike Evans (General public Policy and Legislation), Guillermo Christensen (Cybersecurity and Countrywide Stability), Yi Ying (Antitrust, Level of competition, and Trade Regulation), and Victor Chang (Rewards and Government Payment) as nicely as of counsel Cheryl Isaac (Asset Management and Investment decision Funds) throughout the final calendar year.

“We are thrilled to welcome Marty,” remarked Steven Sparling, co-leader of K&L Gates’ Electricity, Infrastructure, and Resources apply area. “Her experience enhances our exercise in electrical power tax and will have an rapid, positive affect on our get the job done and for our clientele throughout the strength marketplace as we proceed to transfer towards the strength changeover.”

K&L Gates’ Strength exercise assists purchasers associated in the numerous areas of the world-wide strength, infrastructure, and resources space via a variety of authorized disciplines, together with, amid others, project enhancement, finance, development, energy and environmental regulation, government contracting, community policy, cross-border investment decision, acquisitions, and dispute resolution. With lawyers in Asia, Australia, Europe, the Middle East, North The us, and South The usa, the follow serves task sponsors and developers in power technology, renewable electrical power, oil and gas, LNG, hydrogen, mining, transportation, and social infrastructure, as nicely as investors, banking companies, producers, and contractors involved in the funding, creating, and procedure of these projects.

K&L Gates is a completely integrated world regulation organization with legal professionals located across 5 continents. The company represents foremost multinational businesses, growth and middle-market place companies, money markets individuals and entrepreneurs in every single significant marketplace group as perfectly as public sector entities, academic establishments, philanthropic companies and people today.