The final version of the landmark 2017 tax bill included a provision on the Base Erosion Anti-Abuse Tax that cut 20% of the value of renewable energy tax credits for companies that it applied to.  While many analysts and industry experts expected this to reduce investment in the tax equity market, the impacts appear to be minimal, as tax equity investment was steady in Q1 2018.  This is in large part due to the fact that the three largest tax equity investors, which account for approximately 40% of the market, are unaffected by the new law.  This development is welcome news for the renewables energy industry, as an array of new import tariffs – ranging from solar panels to aluminum and steel  - have challenged the renewable energy industry in 2018, and are expected to continue moving forward.