Darling Ingredients (DAR) said Monday it has sold about $50 million in production tax credits to a corporate buyer.
The sale brings Darling's total production tax credit sales in 2025 to $235 million, the company said.
Darling said the credits were generated under the Inflation Reduction Act by its Diamond Green Diesel joint venture with Valero Energy (VLO).
Price: 34.31, Change: -0.05, Percent Change: -0.15
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments