Fullmark Energy completes $46 million ITC transfer for energy storage portfolio

✨ Fullmark Energy completes $46 million ITC transfer for energy storage portfolio

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Energy storage developer Fullmark Energy announced the ITC transfer of $46 million to a buyer in the industrial sector for its operational 125-MW/290-MWh Redwood Projects portfolio. The transaction demonstrates the continued effectiveness of the Inflation Reduction Act in mobilizing private capital

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Energy storage developer Fullmark Energy announced the ITC transfer of $46 million to a buyer in the industrial sector for its operational 125-MW/290-MWh Redwood Projects portfolio. The transaction demonstrates the continued effectiveness of the Inflation Reduction Act in mobilizing private capital for renewable energy infrastructure. The strategic ITC transfer provides Fullmark Energy with enhanced financial…
The post Fullmark Energy completes $46 million ITC transfer for energy storage portfolio appeared first on Solar Power World.

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