Darling Ingredients (DAR) “announced an agreement to sell approximately $60 million of production tax credits to a corporate buyer. These credits were generated under the Inflation Reduction Act by the company’s Diamond Green Diesel joint venture. The proceeds of the sale are scheduled to be received by Dec. 31, 2025, upon satisfaction of certain funding conditions. The company previously announced in September that it sold $125 million in production tax credits, bringing the total of production credit sales to $185 million for 2025.”
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DAR:
- Darling Ingredients upgraded to Buy from Hold at TD Cowen
- Positive Outlook for Darling Ingredients: Buy Rating Supported by Anticipated Margin Improvements and Regulatory Favorability
- Buy Rating for Darling Ingredients: Navigating Regulatory Changes and Market Opportunities
- Darling Ingredients Announces Executive VP’s Upcoming Retirement
- Darling Ingredients price target raised to $50 from $45 at BofA
