---
schema_version: "secwatch.filing_event.v1"
accession: "0001425292-23-000003"
form_type: "8-K"
ticker: "UAN"
cik: "0001425292"
company_name: "CVR PARTNERS, LP"
filed_at: "2023-01-11T23:59:59+00:00"
generated_at: "2026-06-20T16:30:55.639146+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# CVR Partners forms 45Q tax equity JV for carbon capture credits; receives $18M initial, up to $78M total

## Summary
- CRNF received ~$18M net initial payment; expects quarterly installments through 2030 totaling up to ~$22M.
- Contingent payments up to ~$38M if carbon capture/sequestration milestones are achieved.
- CapturePoint LLC serves as manager of the tax equity JV; investors claim Section 45Q credits.
- Transaction qualifies under IRS Revenue Procedure 2020-20 safe harbor for carbon-capture tax credits.
- CEO cites low-carbon fertilizer positioning; facility in Coffeyville, Kansas produces certified blue ammonia.

## SEC filing metadata
- accession: 0001425292-23-000003
- form_type: 8-K
- ticker: UAN
- cik: 0001425292
- company_name: CVR PARTNERS, LP
- filed_at: 2023-01-11T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1425292/000142529223000003/0001425292-23-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1425292/000142529223000003/cvi-20230106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001425292-23-000003
- JSON: https://secwatch.observer/filing/0001425292-23-000003.json
- Plain text: https://secwatch.observer/filing/0001425292-23-000003.txt

## Key facts
- Material Agreements
  CVR PARTNERS, LP entered into Transaction Agreement with CapturePoint LLC and certain unaffiliated third-party investors valued at approximately $18 million initial payment plus up to approximately $22 million in installment paymen (effective 2023-01-06).
  - Action: entry
  - Agreement: collaboration
  - Counterparty: CapturePoint LLC and certain unaffiliated third-party investors
  - Value: approximately $18 million initial payment plus up to approximately $22 million in installment paymen
  - Effective: 2023-01-06
  source text: On January 6, 2023 , CVR Partners, LP, a Delaware limited partnership (the “Partnership”), together with its wholly-owned subsidiary, Coffeyville Resources Nitrogen Fertilizers, LLC, a Delaware limited liability company (“CRNF”), CapturePoint LLC, an unaffiliated Texas limited liability company (“CapturePoint”), and certain unaffiliated third-party investors (the “Investors”) entered into a Transaction Agreement (the “Transaction Agreement”), an Amended and Restated Limited Liability Company Agreement of CVR-CapturePoint LLC (the “LLC Agreement”) and related ancillary agreements, pursuant to which the Investors acquired certain membership interests in a newly formed tax equity joint venture (the “Tax Equity JV”) intended to qualify under the Internal Revenue Service safe harbor described in Revenue Procedure 2020-12 for certain joint ventures that are eligible to claim certain tax credits under Section 45Q of the Internal Revenue Code of 1986, as amended (“Section 45Q Credits”) that ma
  evidence_url: https://www.sec.gov/Archives/edgar/data/1425292/000142529223000003/0001425292-23-000003-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.