04:43 PM EDT, 06/24/2025 (MT Newswires) -- First Solar ( FSLR ) late Tuesday said it sold $311.9 million of advanced manufacturing production tax credits generated through its US production and sales of certain module components to an unnamed "leading financial institution" for $296.3 million, payable through a single installation.

The June 20 transaction was subject to customary conditions, including the absence of default and the accuracy of representations and warranties by First Solar ( FSLR ). The sale also contained customary covenants, indemnification, and termination provisions for comparable tax credit sales.