In Texas, Darling Ingredients Inc. 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 (IRA) 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.