“we believe that we've begun construction on a sufficient number of projects to cover our development expectations through 2029.”

In context

“art with the fact that as a plain meaning. It's also a term that's defined in the OBBA, in the FEOC provisions and that definition is consistent with the settled meeting and the long-standing treasury guidance that I just spoke about. And importantly, the term beginning construction has certain safe harbors for what actually constitutes starting construction. And it also has a 4-year continuity of service safe harbor. So when I look at the steps that we've been taking in reliance on the settle meeting and the long-standing guidelines around the term beginning construction, we've made significant financial commitments over the last few years, including in the first half of 2025 to begin construction under these rules that were in effect at the time those commitments were made. In doing so, we believe that we've begun construction on a sufficient number of projects to cover our development expectations through 2029. And of course, look, while we can't provide any guarantees, this is our interpretation, and this is our belief as to what the statute provides based on our experience in this industry over the last couple of decades. Steven Isaac Fleishman: And just on the siting permitting issues in the federal lands, yes. John W. Ketchum: Yes. And on the permitting, on federal lands, first of all, I'll say there was an EO and I think a response made by the Department of Interior a couple of months ago, just articulating that solar and wind projects would not be prioritized. The Executive Order itself that came out on July 7 directed the Department of Interior to come up with new procedures on how it would handle wind and solar permitting to not favor them. And so they instituted an additional layer that”