Alternus secures first investment tax credit under the ira to finance solar projects

Net funds from tax credit transfer reduced existing debt, further deleveraging balance sheet. fort mill, south carolina--(newsfile corp. - october 23, 2024) - alternus clean energy, inc. (nasdaq: alce) ("alternus"), a leading utility-scale transatlantic, clean energy independent power producer (ipp), has completed its first closing of a tax equity transaction, using the investment tax credit (itc) structure introduced in the inflation reduction act (ira).
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