Aemetis sells Section 45Z tax credits for $22.4M
In California, Aemetis, Inc recently announced that it has received $22.4 million from the sale of Section 45Z Clean Fuel Production Tax Credits. The Section 45Z tax credits were generated from ethanol and renewable natural gas (RNG) production in 2026 and represent a tax credit value of approximately $0.33 per gallon of ethanol and $62 per MMBtu of RNG, before sale discounts and transaction costs. The tax credit value is based on the recent update to the 45ZCF-GREET model that was issued by the U.S. Department of Energy (DOE) on September 8, 2026.
The new September 8 version of the 45ZCF-GREET model includes updated pathways for RNG produced from dairy manure anaerobic digestion as required by the One Big Beautiful Bill Act. It also now allows ethanol producers to account for low-carbon corn feedstock that is grown with regenerative agricultural practices. Aemetis expects to increase the value per gallon of its ethanol Section 45Z credit once the use of low-carbon corn is fully documented.
Category: Fuels
