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First Solar sells $600M in fixed production tax credits for $573M, with option for up to $175M more

FSLRFirst Solar, Inc.

First Solar entered into two tax credit transfer agreements with a digital payments company to sell advanced manufacturing production tax credits. The company will sell $600 million in fixed credits for a $573 million purchase price, with payments due in late 2025, and has a variable agreement to sell up to $175 million in additional credits at $0.955 per $1.00 of transferred value.

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