Enphase Energy expands safe harbor agreement with solar financier
Enphase Energy, Inc. has announced an expanded safe harbor agreement with a major solar financing company, projecting approximately $55 million in revenue by Q1 2026. This agreement, which builds on a previous transaction, aims to secure investment tax credit eligibility for future projects and promote the deployment of U.S.-made IQ8 Microinverters. Despite a significant year-to-date stock drop, analysts anticipate net income growth for Enphase, which appears undervalued according to InvestingPro data.
https://in.investing.com/news/company-news/enphase-energy-expands-safe-harbor-agreement-with-solar-financier-93CH-5155391