Business UpdateJul 9, 2026, 08:02 AM
Aemetis Sells $18M in 45Z Clean Fuel Tax Credits
AI Summary
Aemetis, Inc. announced the sale of $18 million in Section 45Z Clean Fuel Production Tax Credits, generating approximately $14.5 million in net cash proceeds. These sales include credits from 2025 ethanol production and year-to-date 2026 ethanol and renewable natural gas (RNG) production. The company views these sales as a recurring contribution to cash flow and expects additional transactions and growing credit value in the future, driven by increased RNG production and potential updates to the 45ZCF-GREET model.
Key Highlights
- Aemetis sold $18 million of Section 45Z Clean Fuel Production Tax Credits.
- Net cash proceeds from the transactions were approximately $14.5 million.
- Sales include $6 million from 2025 ethanol production and $12 million from year-to-date 2026 ethanol and RNG production.
- The 2026 tax credits represent approximately $0.33 per ethanol gallon and $15.20 per MMBtu of RNG.
- Company expects additional 45Z credit transactions in 2026 and future years.
- Aemetis anticipates 45Z credit value to grow significantly with increased RNG production and energy efficiency.
- Two planned agency updates to the 45ZCF model could further increase the value of 2026 Section 45Z tax credits.
Price Impact
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