Green Impact Partners (GIP) awaits final closing conditions for GreenGas Colorado's Investment Tax Credits (ITCs), expected to close soon; upon closing, GIP will receive $15.5m.

Green Impact Partners (GIP) is working through final closing conditions for GreenGas Colorado's Investment Tax Credits (ITCs), expected to close soon. Upon closing the PSA for ITCs, GIP will receive US$15.5m. Due to a delay in closing the GreenGas Colorado ITC sale, GIP has entered an agreement with directors to provide $6m in funding, with an option for Optionees to purchase certain ITCs.

March 08, 2024
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