Published:
February 11, 2026
Updated:
February 11, 2026
3 min. read
Which companies have benefited from transferable clean energy tax credits?
Participation in the tax credit market – whether a company buys, sells, or reatain credits – has been broad and deep.
Companies that have disclosed buying, selling, or retaining transferable clean energy tax credits under the Inflation Reduction Act (IRA)
| No. | Company | Ticker | Role | Disclosure |
|---|---|---|---|---|
| 1 | Mercantile Bank | NASDAQ: MBWM | Buyer | 2025 10-Q |
| 2 | Apollo Global Management | NYSE: APO | Buyer | 2025 10-Q |
| 3 | Visa | NYSE: V | Buyer | 2024 8-K |
| 4 | First Solar | NASDAQ: FSLR | Generator | 2024 8-K |
| 5 | MarketAxess | NASDAQ: MKTX | Buyer | 2023 8-K |
| 6 | Broadwind | NASDAQ: BWEN | Generator | 2023 8-K |
| 7 | Vistra | NYSE: VST | Generator | 2025 10-Q |
| 8 | Energy Vault | NYSE: NRGV | Generator | 2025 10-Q |
| 9 | Pulte | NYSE: PHM | Buyer | 2025 10-K |
| 10 | Aemetis | NASDAQ: AMTX | Generator | 2025 10-Q |
| 11 | Waste Management | NYSE: WM | Generator | 2025 10-Q |
| 12 | Pinnacle West Capital | NYSE: PNW | Buyer | 2025 10-Q |
| 13 | Southern Company | NYSE: SO | Buyer, Generator | 2024 10-K |
| 14 | Lithia Motors | NYSE: LAD | Buyer | 2024 10-K |
| 15 | Fiserv | NASDAQ: FISV | Buyer | 2024 10-K |
| 16 | Citigroup | NYSE: C | Buyer, Generator | 2024 10-K |
| 17 | Blackstone | NYSE: BX | Buyer | 2024 10-K |
| 18 | Green Plains | NASDAQ: GPRE | Generator | 2025 10-Q |
| 19 | Freepoint Commodities | N/A | Buyer | Press release |
| 20 | NorthWestern Energy | NASDAQ: NWE | Generator | 2025 10-Q |
| 21 | OGE Energy | NYSE: OGE | Generator | 2025 10-Q |
| 22 | NiSource | NYSE: NI | Generator | 2025 10-Q |
| 23 | Sempra | NYSE: SRE | Generator | 2025 10-Q |
| 24 | NextEra | NYSE: NEE | Generator | 2025 10-Q |
| 25 | MP Materials | NYSE: MP | Generator | 2025 10-Q |
| 26 | Consolidated Edison | NYSE: ED | Generator | 2025 10-Q |
| 27 | Gevo | NASDAQ: GEVO | Generator | 2025 10-Q |
| 28 | Entergy | NYSE: ETR | Generator | 2025 10-Q |
| 29 | Exelon | NASDAQ: EXC | Generator | 2024 10-K |
| 30 | Edison International | NYSE: EIX | Generator | 2025 10-Q |
| 31 | MGE Energy | NASDAQ: MGEE | Generator | 2025 10-Q |
| 32 | FirstEnergy | NYSE: FE | Generator | 2024 10-K |
| 33 | TXNM Energy | NYSE: TXNM | Generator | 2025 10-Q |
| 33 | Evergy | NASDAQ: EVRG | Generator | 2025 10-Q |
| 34 | CNX Resources | NYSE: CNX | Generator | 2025 10-Q |
| 35 | Darling Ingredients | NYSE: DAR | Generator | Press release |
| 36 | CVR Partners | NYSE: UAN | Generator | Press release |
| 37 | Avangrid | NYSE: AGR | Generator | Press release |
| 38 | Vitol | N/A | Buyer | Press release |
| 39 | Sunnova | N/A | Generator | Press release |
| 40 | Advanced Power | N/A | Buyer | Press release |
| 41 | Davis Hill | N/A | Generator | News article |
| 42 | Arevon | N/A | Generator | Press release |
| 43 | Capture Point | N/A | Generator | Press release |
| 44 | Anaergia | TSX: ANRG | Generator | Press release |
| 45 | Portland General Electric | NYSE: POR | Generator | 2023 10-K |
| 46 | Fuel Cell Energy | NASDAQ: FCEL | Generator | 2023 10-K |
| 47 | Vesper Energy | N/A | Generator | Press release |
| 48 | Matrix Renewables | N/A | Generator | Press release |
| 49 | Key Capture | N/A | Generator | Press release |
| 50 | GridStor | N/A | Generator | Press release |
| 51 | TransAlta | N/A | Generator | Press release |
| 52 | Silfab Solar | N/A | Generator | Press release |
| 53 | Heliene | N/A | Generator | Press release |
| 54 | Black Bear Energy | N/A | Generator | Press release |
| 55 | Navajo Power | N/A | Generator | News article |
| 56 | American Electric Power | NASDAQ: AEP | Generator | 2025 10-Q |
| 57 | SolarEdge | NASDAQ: SEDG | Buyer, Generator | 2024 10-K |
| 58 | Century Aluminum | NASDAQ: CENX | Generator | 2025 10-Q |
| 59 | WEC Energy | NYSE: WEC | Generator | 2024 10-K |
| 60 | Enphase Energy | NASDAQ: ENPH | Generator | 2024 10-K |
| 61 | Duke Energy | NYSE: DUK | Generator | 2025 10-Q |
| 62 | Marsh & McLennan | NYSE: MRSH | Buyer | 2024 10-K |
| 63 | United Natural Foods | NYSE: UNFI | Buyer | 2025 10-Q |
| 64 | First Bancorp | NYSE: FBP | Buyer | 2025 10-Q |
| 65 | WSFS Financial | NASDAQ: WSFS | Buyer | 2025 10-Q |
| 66 | Hormel Foods | NYSE: HRL | Buyer | 2025 10-K |
| 67 | Camden National | NASDAQ: CAC | Buyer | 2024 10-K |
| 68 | Keycorp | NYSE: KEY | Buyer | 2024 10-K |
| 69 | Molina Healthcare | NYSE: MOH | Buyer | 2025 10-Q |
| 70 | Legacy Housing | NASDAQ: LEGH | Buyer | 2025 10-Q |
| 71 | Green Brick Partners | NYSE: GRBK | Buyer | 2024 10-K |
| 72 | Primoris Services | NYSE: PRI | Buyer | 2024 10-K |
| 73 | SiteOne Landscape Supply | NYSE: SITE | Buyer | 2025 10-Q |
| 74 | OLIN | NYSE: OLN | Buyer | 2025 10-Q |
| 75 | Dream Finders Homes | NYSE: DFH | Buyer | 2025 10-Q |
| 76 | Sysco | NYSE: SYY | Buyer | 2025 10-Q |
| 77 | Sirius XM | NASDAQ: SIRI | Buyer | 2025 10-Q |
| 78 | Horace Mann | NYSE: HMN | Buyer | 2025 10-Q |
| 79 | Graphic Packaging | NYSE: GPK | Buyer | 2025 10-Q |
| 80 | Oshkosh | NYSE: OSK | Buyer | 2025 10-Q |
| 81 | BJ's Wholesale Club | NYSE: BJ | Buyer | 2025 10-Q |
| 82 | Leonardo DRS | NASDAQ: DRS | Buyer | 2025 10-Q |
| 83 | Sunoco | NYSE: SUN | Buyer | 2025 10-Q |
| 84 | Academy Sports & Outdoors | NASDAQ: ASO | Buyer | 2025 10-K |
| 85 | Carlisle Companies | NYSE: CSL | Buyer | 2025 10-K |
| 86 | Enterprise Financial | NASDAQ: EFSC | Buyer | 2025 10-Q |
| 87 | Sylvamo | NYSE: SLVM | Buyer | 2024 10-K |
| 88 | DANA | NYSE: DAN | Buyer | 2025 10-Q |
| 89 | Insight Enterprises | NASDAQ: NSIT | Buyer | 2024 10-K |
| 90 | American Woodmark | NASDAQ: AMWD | Buyer | 2025 10-K |
| 91 | Hope Bancorp | NASDAQ: HOPE | Buyer | 2025 10-Q |
| 92 | PPL | NYSE: PPL | Buyer | 2024 10-K |
| 93 | Gibraltar Industries | NASDAQ: ROCK | Buyer | 2025 10-Q |
| 94 | Janus International | NYSE: JBI | Buyer | 2025 10-Q |
| 95 | Pulte | NYSE: PHM | Buyer | 2024 10-K |
| 96 | Liberty Energy | NYSE: LBRT | Buyer | 2024 10-5 |
| 97 | Wesco | NYSE: WCC | Buyer | 2025 10-Q |
| 98 | Doximity | NYSE: DOCS | Buyer | 2025 10-Q |
| 99 | Popular | NASDAQ: BPOP | Buyer | 2025 10-Q |
| 100 | Hyatt Hotels | NYSE: H | Buyer | 2024 10-K |
| 101 | Old Dominion Freight Line | NASDAQ: ODFL | Buyer | 2025 10-Q |
| 102 | CBRE Group | NYSE: CBRE | Buyer | 2024 10-K |
| 103 | CVB Financial | NASDAQ: CVBF | Buyer | 2025 10-Q |
| 105 | TGNA | NYSE: TGNA | Buyer | 2025 10-Q |
| 106 | Masco | NYSE: MAS | Buyer | 2024 10-K |
| 107 | Martin Marietta Materials | NYSE: MLM | Buyer | 2025 10-Q |
| 108 | Globe Life | NYSE: GL | Buyer | 2024 10-K |
| 109 | Murphy USA | NYSE: MUSA | Buyer | 2025 10-Q |
| 110 | Service Corp. International | NYSE: SCI | Buyer | 2025 10-Q |
| 111 | Davita | NYSE: DVA | Buyer | 2025 10-Q |
| 112 | FTI Consulting | NYSE: FCN | Buyer | 2025 10-Q |
| 113 | Centene | NYSE: CNC | Buyer | 2024 10-K |
| 114 | Broadridge Financial Solutions | NYSE: BR | Buyer | 2025 10-K |
| 115 | Navient | NASDAQ: NAVI | Buyer | 2025 10-Q |
| 116 | OneMain Holdings | NYSE: OMF | Buyer | 2025 10-Q |
| 117 | Lowe's Companies | NYSE: LOW | Buyer | 2025 10-Q |
| 118 | Commerce Bank | NASDAQ: CBSH | Buyer | 2025 10-Q |
| 119 | Tradeweb Markets | NASDAQ: TW | Buyer | 2025 10-K |
| 120 | Farmer Mac | NYSE: AGM | Buyer | 2025 10-Q |
| 121 | Enterprise Financial Services | NASDAQ: EFSC | Buyer | 2025 Investor Presentation |
| 122 | Rollins | NYSE: ROL | Buyer | 2025 10-Q |
| 123 | Choice Hotels International | NYSE: CHH | Buyer | 2025 10-Q |
| 124 | H&R Block | NYSE: HRB | Buyer | 2025 10-Q |
| 125 | Ball | NYSE: BALL | Buyer | 2024 10-K |
| 126 | Equity BancShares | NYSE: EQBK | Buyer | 2025 10-Q |
| 127 | Assurant | NYSE: AIZ | Buyer | 2025 10-K |
| 128 | Trinity Industries | NYSE: TRN | Buyer | 2025 10-Q |
| 129 | MGIC Investment Corp | NYSE: MTG | Buyer | 2025 10-Q |
| 130 | Tractor Supply | NASDAQ: TSCO | Buyer | 2025 10-Q |
| 131 | Best Buy | NYSE: BBY | Buyer | 2025 10-K |
| 132 | L3Harris Technologies | NYSE: LHX | Buyer | 2025 10-K |
| 133 | TJX Companies | NYSE: TJX | Buyer | 2025 10-Q |
| 134 | Altria Group | NYSE: MO | Buyer | 2024 10-K |
| 135 | Marathon Petroleum | NYSE: MPC | Buyer | 2025 10-Q |
| 136 | Air Products and Chemicals | NYSE: APD | Buyer | 2025 10-K |
| 137 | Phillips 66 | NYSE: PSX | Buyer | 2024 10-K |
| 138 | Carrier Global | NYSE: CARR | Buyer | 2025 10-Q |
| 139 | Quanta Services | NYSE: PWR | Buyer | 2025 10-Q |
| 140 | Elevance Health | NYSE: ELV | Buyer | 2025 10-Q |
| 141 | AutoZone | NYSE: AZO | Buyer | 2025 10-K |
| 142 | NASDAQ | NASDAQ: NDAQ | Buyer | 2024 10-K |
| 143 | Zoetis | NYSE: ZTS | Buyer | 2025 10-Q |
| 144 | Comcast | NASDAQ: CMCSA | Buyer | 2025 10-Q |
| 145 | O'Reilly Automotive | NASDAQ: ORLY | Buyer | 2025 10-Q |
| 146 | EOG Resources | NYSE: EOG | Buyer | 2025 10-Q |
| 147 | Union Pacific | NYSE: UNP | Buyer | 2024 10-K |
| 148 | General Motors | NYSE: GM | Generator | 2025 10-K |
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Our platform facilitates the purchase and sale of transferable tax credits to support solar, wind, battery, biogas and other clean energy projects.