Waga Energy monetizes $3.8M of ITCs

October 21, 2025 |

In France, Waga Energy announced the successful first monetization signed on 14th October, 2025 of its Investment Tax Credit (ITC) for the Steuben County Wagabox® in New York State. ITCs, established under the U.S. Inflation Reduction Act (IRA), are federal incentives designed to promote private investment in renewable energy infrastructure.

The Steuben County ITC monetization achieved has a net sale price, after taking into account the related fees (including brokerage commission, insurance premium, and legal and tax advisory fees), estimated at c. $3.8 million.

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Category: Fuels

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