Financing ·
Enphase Energy, Inc. entered into a Tax Credit Transfer Agreement with a financial institution to sell up to…
ENPHEnphase Energy, Inc.
Enphase Energy, Inc. entered into a Tax Credit Transfer Agreement with a financial institution to sell up to $150,000,000 of advanced manufacturing production tax credits under Section 45X of the Internal Revenue Code. The purchase price for the tax credits will not exceed $139,500,000, which will be paid in four installments during 2026 and 2027. Enphase Energy, Inc. operates in the solar energy technology industry and provides microinverters and energy management solutions.