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AE BIOFUELS WKN: A114CC ISIN: US00770K2024 Kürzel: AMTX Forum: Aktien Thema: Hauptdiskussion
3,742 EUR
-5,03 %-0,198
26. Nov, 16:32:32 Uhr,
L&S Exchange
Kommentare 11.696
Blasi85,
10.04.2024 11:16 Uhr
0
Könnte auch ne leichte Anpassung auf 3,80$ geben aber an den Bereich halte ich dennoch fest
K
Kiko22,
10.04.2024 10:58 Uhr
0
Ein kommendes death cross haben wir ebenfalls
Brazzinger,
09.04.2024 21:42 Uhr
0
https://www.handelsblatt.com/finanzen/maerkte/marktberichte/dow-jones-sp-nasdaq-us-boersen-im-minus-drei-zinssenkungen-scheinen-zu-viel-verlangt/100031222.html
C
Charly1982,
09.04.2024 21:24 Uhr
0
Wundert mich grad auch…
Brazzinger,
09.04.2024 21:05 Uhr
0
Was ist denn jetzt passiert?
Birgerlüning,
09.04.2024 15:17 Uhr
2
Aemetis Allocated $10.5 Million IRA Section 48C Tax Credits by DOE and IRS for Biofuels Plant Efficiency Projects
CUPERTINO, CA – April 9, 2024 – Aemetis, Inc. (NASDAQ: AMTX), a renewable natural gas and renewable fuels company focused on low and negative carbon intensity products, today announced that it received an allocation of $10.5 million of Inflation Reduction Act (IRA) tax credits by the U.S. Department of Energy (DOE) and the Internal Revenue Service (IRS) under the first phase of IRA Section 48C awards.
The Aemetis Five Year Plan projects that Aemetis will receive a total of $450 million of IRA tax credits to support funding of its renewable fuels projects. In October 2023, Aemetis completed the sale of $63 million of IRA tax credits to a single buyer and received $55 million in funding.
Aemetis was awarded the $10.5 million allocation of transferable tax credits to support the Mechanical Vapor Recompression (MVR) energy efficiency project and other energy efficiency projects at the Aemetis Keyes ethanol production facility in California. The competitive process for funding was managed by the DOE as an advisor to the IRS which selected recipients based on an extensive and detailed review of each project.
“The Inflation Reduction Act funds new job creation and supports new investment in projects in almost every state,” stated Eric McAfee, Chairman and Chief Executive Officer of Aemetis, Inc. “Late last year we demonstrated the conversion of IRA tax credits into funding for our projects, so monetization of the tax credits supports long term debt financing and, in the case of the MVR project, is expected to significantly increase operating cash flow from our existing biofuels plant in California.”
The MVR project and related upgrades are expected to cost about $30 million, with design engineering already completed and equipment procurement underway for planned installation in the first half of 2025. In addition to the $10.5 million of IRA tax credits, Aemetis already has been awarded $6 million of grant funding by the California Energy Commission (CEC) and has been approved for up to $3.2 million of additional funding from the Pacific Gas & Electric Energy Efficiency Program, pending project completion and verification of energy savings.
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