First solar signs agreements for sale of up to $700 million in 2023 ira advanced manufacturing production tax credits

Tempe, ariz.--(business wire)-- #americansolar--first solar, inc. (nasdaq: fslr) today announced that it entered into two separate tax credit transfer agreements (tctas) on december 22, 2023, to sell $500 million and up to $200 million, respectively, of 2023 inflation reduction act (ira) advanced manufacturing production tax credits to fiserv, inc. subject to satisfaction of certain conditions. under the terms of the agreements fiserv will pay a price of $0.96 per $1 of tax credits to first solar during the fir.
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