Moment Energy First BESS Maker to Win Verified FEOC Compliance
Austin, Texas – – September 13, 2026 -- Moment Energy has become the first battery energy storage system (BESS) provider in North America to secure third-party verified non-Prohibited Foreign Entity (non-PFE) status and full Foreign Entity of Concern (FEOC) compliance, the company announced. A Top 10 U.S. law firm conducted the independent review, examining Moment Energy's corporate ownership, effective control and debt financing structure.
Independent legal review confirms compliance status ahead of tightening federal rules
The verification arrives as the One Big Beautiful Bill Act has significantly raised FEOC and PFE requirements for companies seeking federal Investment Tax Credits (ITC). The U.S. Treasury has issued interim guidance through Notice 2026-15 to help taxpayers interpret the new rules, with further clarification expected as implementation proceeds.