Waga Energy Completes First ITC Monetization Under US Inflation Reduction Act

Waga Energy, a prominent player in the production of Renewable Natural Gas (RNG) from landfill sites, has reported a significant step with the completion of its first Investment Tax Credit (ITC) monetization under the US Inflation Reduction Act. This successful transaction, finalized on October 14, 2025, for the Steuben County Wagabox® project in New York State, resulted in a net gain estimated at approximately USD 3.8 million, accounting for associated fees.

The ITCs, under the Inflation Reduction Act, are designed to bolster private investment in renewable energy infrastructure. The Steuben County project reflects Waga Energy's commitment to advancing renewable energy solutions and contributes meaningfully to the energy transition and global efforts against climate change.