Enphase enters agreement to sell up to $150M in 45X tax credits for $139.5M

Enphase Energy, Inc.

Up to $150M of Section 45X advanced manufacturing tax credits to be sold for up to $139.5M.
Sale of tax credits generated from 2026 US production of eligible components sold to third parties.
Purchase price payable in four installments during calendar years 2026 and 2027.
Agreement contains customary conditions precedent, covenants, and indemnification provisions.

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