Aemetis Biogas Receives $53M From Sale Of IRA Investment Tax Credits
Portfolio Pulse from Bill Haddad
Aemetis Biogas, a subsidiary of Aemetis Inc., has received $53 million from the sale of Investment Tax Credits (ITC).
October 09, 2023 | 12:21 pm
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Aemetis Inc. has received $53 million through its subsidiary, Aemetis Biogas, from the sale of Investment Tax Credits.
The sale of Investment Tax Credits has provided Aemetis Inc. with a significant cash inflow of $53 million. This could potentially strengthen the company's financial position and could be viewed positively by investors, potentially leading to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100