Aspen Power monetises ITC credits from two-state PV portfolio
- Admin
- Sep 19, 2024
- 1 min read
Aspen Power closed the transfer of investment tax credits (ITCs) for five solar PV projects in California and New York to Dan Kalafatas. This deal marks Aspen Power's first solar ITC transfer, providing immediate cash flow for reinvestment into new renewable energy projects. The transaction underscores Aspen Power's ability to navigate solar finance complexities and unlock pathways for growth.
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