The Master Limited Partnerships Parity Act, a bill that would allow US renewables companies to adopt the tax-advantaged MLP structure, stands a good chance of becoming law this year, says Republican Senator Lisa Murkowski, chair of the powerful Senate Energy and Natural Resources Committee.

“There’s a growing group of supporters for moving forward on [MLPs], to allow for this financing opportunity within the renewables sector,” Murkowski said Wednesday at the Renewable Energy Policy Forum, hosted by the American Council on Renewable Energy (ACORE).