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Tag: IRA tax credits

Gevo sells $20M in IRA tax credits

Gevo sells $20M in IRA tax credits

September 23, 2024 |

In Colorado, Gevo, Inc. sold approximately $20 million in Investment Tax Credits to an undisclosed corporate buyer. This transaction monetizes Inflation Reduction Act Investment Tax Credits generated from the commercialization of a renewable natural gas production facility by Gevo NW Iowa RNG, LLC  and provides net cash proceeds of approximately $17 million to Gevo after […]

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Aemetis lands $10.5M in IRA tax credits

Aemetis lands $10.5M in IRA tax credits

April 9, 2024 |

In California, Aemetis, Inc. has received an allocation of $10.5 million of Inflation Reduction Act (IRA) tax credits by the U.S. Department of Energy (DOE) and the Internal Revenue Service (IRS) under the first phase of IRA Section 48C awards. The Aemetis Five Year Plan projects that Aemetis will receive a total of $450 million […]

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