04:39 PM EDT, 09/29/2025 (MT Newswires) -- Darling Ingredients ( DAR ) reported late Monday an agreement to sell $125 million of production tax credits to a corporate buyer.
The credits, or tax incentives, were generated under the Inflation Reduction Act by the renewable energy producer's Diamond Green Diesel joint venture with Valero Energy ( VLO ), Darling Ingredients ( DAR ) said.
The proceeds from the sale are set to be received later in the year, the company added.
Darling Ingredients ( DAR ) is also looking to sell additional tax credits generated in 2025.