Enphase plans to turn tax credits into cash sooner, giving the company more cash to use. The stated maximums leave up to an $8 million gap between credits sold and cash received, but the cash conversion is the main change reported.
That gives Enphase cash sooner instead of waiting to use the credits itself. The stated maximums leave up to an $8 million gap between the credits sold and cash received. The cash conversion is the main change reported.
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