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Enphase Energy agrees to sell up to $100M of advanced manufacturing tax credits for max $92M
ENPHEnphase Energy, Inc.
On October 28, 2026, Enphase Energy entered into a Tax Credit Transfer Agreement with an unnamed leading corporation. The company agreed to sell up to $100 million of Section 45X advanced manufacturing production tax credits generated from the production and sale of eligible components in the United States during calendar year 2026. The purchase price for these credits will not exceed $92 million, payable in two installments during 2026 and 2027, subject to customary conditions precedent including the absence of default and accuracy of representations. Enphase Energy designs and manufactures microinverters and energy management technology for solar and battery systems.