$50M of Section 45X AMPCs from US-manufactured solar PV modules (Mountain Iron, MN factory)
Basis Climate facilitated $50M 45X credit transfer for Heliene — 2023 and 2024 credits from Mountain Iron, MN module factory. Funds used to reduce debt and expand US manufacturing footprint. New Minneapolis-St. Paul factory planned May 2025. 'Even if you need to discount a few pennies on the dollar, selling these credits is a better deal than paying interest.'
$50M
Deal Value
Other
Technology
MN
Location
Deal Details
- Deal Type
- Tax Equity & Tax Credits
- Seller / Sponsor
- Heliene
- Buyer / Financier
- Undisclosed
- Deal Value
- $50M
- Stage
- Operating
- ISO/RTO
- MISO
- Source
- GlobeNewswire
Service Providers
Advisory & Legal
- taxCreditMarketplace
- Basis Climate
Finance Counterparties
Lenders & Capital Providers
- Tax Credit Buyer
- Undisclosed
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