Section 48 ITC (rooftop solar, East Windsor NJ) + Section 45X AMPCs (battery modules, Garden Grove CA)
Reunion purchased Section 48 ITCs from Shiseido Americas' rooftop solar at NJ manufacturing facility, plus Section 45X AMPCs from Harbinger Motors' battery module production at Garden Grove, CA facility. Harbinger's first 45X transfer. Demonstrates expanding buyer universe for tax credits.
Other
Technology
CA, NJ
Location
Deal Details
- Deal Type
- Tax Equity & Tax Credits
- Seller / Sponsor
- Shiseido Americas, Harbinger Motors
- Buyer / Financier
- Reunion Infrastructure
- Deal Value
- Undisclosed
- Stage
- Operating
- ISO/RTO
- CAISO, PJM
- Source
- Yahoo Finance / Reunion
Finance Counterparties
Lenders & Capital Providers
- Tax Credit Buyer
- Reunion Infrastructure
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