Elizabeth Crouse
Partner
Overview
Elizabeth Crouse is a tax attorney in Holland & Knight's Portland office. For more than a decade, Ms. Crouse has provided business-focused solutions for U.S. federal, state and international tax problems in a variety of transactions and investment structures.
Ms. Crouse advises clients – including top-tier strategic and corporate investors, developers and operators in the renewable energy and fuels, hydrogen and carbon capture industries – on a range of U.S. federal income tax matters, including investment tax credits (ITC) for renewable electricity and renewable natural gas (RNG), production tax credits (PTC) for renewable electricity, hydrogen, sustainable aviation fuels (SAF) and clean fuels, and the Section 45Q tax credit for carbon capture and sequestration. She also works with clients to obtain federal government funding for manufacturing facilities in the renewable and carbon capture industries.
In addition, Ms. Crouse provides tax counseling for tax equity investments and the acquisitions and dispositions of projects and platforms, as well as the structuring and coordination of project finance transactions. She also has negotiated more than 3 gigawatts of safe harbor procurement contracts for renewable electricity projects and many more for renewable fuels projects. Ms. Crouse also works collaboratively with clients and colleagues on venture investments in climate tech companies, corporate sustainability programs, and private and public finance.
Nationally recognized in the industry, Ms. Crouse is a frequent speaker at national and regional conferences and webinars on topics such as tax credits for renewable electricity, renewable hydrogen, renewable natural gas, energy storage and carbon capture, as well as environmental, social and governance (ESG), and corporate sustainability topics.
Prior to joining Holland & Knight, Ms. Crouse was an attorney at an international law firm in its Portland office.
Representative Experience
Credentials
- New York University School of Law, LL.M., Taxation
- University of Michigan Law School, J.D., cum laude
- University of Hawaii at Manoa, M.A., Sociology
- Hawaii Pacific University, B.A., Applied Sociology
- Oregon
- Washington
- U.S. Court of Appeals for the Federal Circuit
- U.S. Tax Court
- Women of Renewable Industries and Sustainable Energy (WRISE), Seattle Chapter, Co-Chair, 2017-Present
- Washington State Bar Association (WSBA), Taxation Section, International Tax Subcommittee, Co-Chair, 2014-2018
- Renewable Hydrogen Alliance, Oregon Policy Subcommittee, Chair
- Pacific Northwest Hydrogen Association (PNWH2), Advisory Committee
- The Best Lawyers in America guide, Energy Law and Tax Law, 2022-2025; Business Organizations (including LLCs and Partnerships), 2025
- Rising Star, Washington Super Lawyers magazine, 2017-2020