Ellomay inks ITCs transfer deal for 50 MW of Texas solar

Israeli renewables developer and power producer Ellomay Capital Ltd has sold Investment Tax Credits (ITCs) for a portfolio of almost 50 MW of solar projects in Texas, expecting to obtain USD 19 million in fresh capital. The agreement with a financial institution is linked to the Fairfield, Malakoff, Mexia, and Talco photovoltaic projects. The company's CEO Ran Fridrich stated that the additional projects are expected to follow a similar strategy.

Source:

https://renewablesnow.com/news/ellomay-inks-itcs-transfer-deal-for-50-mw-of-texas-solar-869522/

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