Aemetis shares surge 10.23% intraday after subsidiary receives $17M in federal clean energy tax credit proceeds.

Aemetis surged 10.23% intraday after announcing its Aemetis Biogas subsidiary secured $17 million in federal clean energy tax credits, generating $15 million in net cash proceeds. The transaction included $12 million from a Section 48 Investment Tax Credit (ITC) for a dairy manure digester and $5 million from a Section 45Z Clean Fuel Production Credit (PTC) for 2025 renewable natural gas output. The CEO highlighted this as a recurring cash flow source, with plans for additional 45Z and 48 ITC sales in 2026 and beyond, alongside a $10.5 million Section 45C credit in 2026. The move underscores the company’s progress in monetizing federal incentives to fund expansion and production growth, directly boosting investor confidence in its financial and operational trajectory.