Ellomay Capital Announces An Agreement For The Sale Of Investment Tax Credits From 4 Texas Solar Projects, Expecting To Receive About $19M, Representing 32% Of The Total Portfolio Costs, Under Provisions Allowing The Company To Retain All Operating...
Ellomay Capital Announces An Agreement For The Sale Of Investment Tax Credits From 4 Texas Solar Projects, Expecting To Receive About $19M, Representing 32% Of The Total Portfolio Costs, Under Provisions Allowing The Company To Retain All Operating...
Ellomay Capital Announces An Agreement For The Sale Of Investment Tax Credits From 4 Texas Solar Projects, Expecting To Receive About $19M, Representing 32% Of The Total Portfolio Costs, Under Provisions Allowing The Company To Retain All Operating Profits, With Project Completions Anticipated By Mid-2025
Ellomay Capital宣佈達成一項協議，銷售4個德克薩斯太陽能項目的投資稅收抵免，預計將獲得約$1900萬，佔總投資組合成本的32%，根據條款允許公司保留所有運營利潤，預計到2025年中期完成項目
Ellomay Capital Ltd. (NYSE American; TASE: ELLO) ("Ellomay" or the "Company"), a renewable energy and power generator and developer of renewable energy and power projects in Europe, Israel and the USA, today announced a key achievement in its U.S. strategic growth plan. The Company has successfully entered into an agreement for the sale and transfer of Investment Tax Credits (ITCs) linked to its Fairfield (13.4 MW), Malakoff (13.92 MW), Mexia (11.1 MW), and Talco (10.5 MW) solar projects, all located in the State of Texas, USA. The agreement was executed with a reputable financial institution, with vast experience in executing tax credit transactions.
ellomay capital有限公司（紐約美國; TASE: ELLO）（「ellomay」或「公司」），是一家可再生能源和發電機，致力於在歐洲，以色列和美國開發可再生能源和發電項目，今天宣佈了其美國戰略增長計劃中的重要成就。公司成功達成協議，出售和轉讓與其位於美國德克薩斯州的Fairfield（13.4兆瓦），Malakoff（13.92兆瓦），Mexia（11.1兆瓦）和Talco（10.5兆瓦）太陽能項目相關聯的投資稅收抵免（ITC）。協議與一家聲譽良好、在執行稅收抵免交易方面擁有豐富經驗的金融機構簽訂
Through this transaction, the Company expects to receive approximately $19 million from the sale of Investment Tax Credits, representing approximately 32% of the expected total portfolio costs. The sale is facilitated under the Inflation Reduction Act's new transferability provisions, allowing Ellomay to retain 100% of the operating profits from these projects. Funds from the sale of the ITCs generated from a project will be disbursed after such project is placed in service and meets the applicable requirements. The Company expects the Fairfield and Malakoff projects to be placed in service by the end of Q4 2024, and the Mexia and Talco projects to be placed in service by the end of Q2 2025. The agreement includes customary indemnification obligations (for damages not covered by tax insurance policy), including in connection with certain continued eligibility requirements and scope of the ITCs, for which the Company provided a guarantee to the purchaser of the ITCs.
通過這筆交易，公司預計將從投資稅收抵免的出售中獲得約$1900萬，大約佔預期總組合成本的32%。根據通貨膨脹減縮法的新轉讓規定，這種銷售使Ellomay能夠保留這些項目的100%運營利潤。從項目生成的稅收抵免出售資金將在該項目投入運營並符合適用要求後支付。公司預計Fairfield和Malakoff項目將在2024年第四季度投入運營，Mexia和Talco項目將在2025年第二季度投入運營。該協議包括慣常的賠償責任條款（未被稅收保險政策覆蓋的損害），涉及某些持續符合資格要求和稅收抵免範圍的事項，對於這些事項，公司向稅收抵免買方提供擔保
譯文內容由第三人軟體翻譯。