Broadwind subsidiary sells up to $35M in Advanced Mfg. Production Credits to MarketAxess

BROADWIND, INC.

Broadwind Heavy Fabrications will sell $15M in 2025 and $20M in 2026 of IRC Section 45X credits to MarketAxess Holdings.
Purchase price is $0.935 per $1.00 of tax credits; quarterly payments for prior quarter's generated credits.
Credits stem from wind turbine component production at Manitowoc, WI and Abilene, TX facilities.
Broadwind, Inc. provides a parent guaranty to support BHF's obligations under the agreement.
Broker's fee of 0.75% of gross amounts plus related transaction expenses are payable by BHF.

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