Advantage for Analysts(R) LLC Demystifies HLBV and Simplifies Tax Equity Accounting for Renewable Energy Financing.

SAN FRANCISCO, CA, Nov 17, 2008 (MARKET WIRE via COMTEX) -- A recent article by Advantage for Analysts ("Advantage") in the October 2008 issue of North American Wind Power demystifies Hypothetical Liquidation at Book Value, or HLBV, the primary accounting method used for calculating book earnings for tax equity partnership deals. In the article the authors, Dennis Moritz and Rajiv Advani, describe HLBV and its relation to the rules that define a partnership structure.

The authors highlight that demystifying HLBV requires an understanding that the HLBV method and the rules that define the partnership are separate. Many practitioners believe HLBV is calculated …