Production Tax Credits
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Darling Ingredients Announces Sale of Approximately $50 million in Production Tax Credits
Businesswire· 2025-12-22 14:00
Core Viewpoint - Darling Ingredients Inc. has successfully sold approximately $50 million in production tax credits generated under the Inflation Reduction Act through its Diamond Green Diesel joint venture, contributing to a total of $235 million in tax credit sales for 2025 [1] Group 1: Financial Performance - The company has previously sold $125 million and $60 million in production tax credits, indicating a strong performance in leveraging tax incentives [1] Group 2: Business Operations - The production tax credits are a result of the company's operations in the renewable diesel sector through the Diamond Green Diesel joint venture, highlighting the company's strategic focus on sustainable energy solutions [1]
Darling Ingredients Announces Agreement to Sell Approximately $60 Million in Production Tax Credits
Businesswire· 2025-12-04 21:35
Core Viewpoint - Darling Ingredients Inc. has announced an agreement to sell approximately $60 million of production tax credits generated under the Inflation Reduction Act through its Diamond Green Diesel joint venture [1] Group 1: Financial Details - The sale of the tax credits is expected to be completed by December 31, 2025, contingent upon certain funding conditions being met [1] - Previously, the company announced a sale of $125 million in production tax credits in September [1]