Enphase Energy rises on expanded safe harbour agreement

Shares of solar inverter maker Enphase Energy ENPH.O rise 3.7% to $32.55 after announcing an expanded safe harbour agreement with a solar financing company offering third-party ownership (TPO) agreements

ENPH says the agreement is expected to generate almost $55 million in revenue across Q4 2025 and Q1 2026, with most of it being recognised in the first quarter

It adds that the deal helps secure investment tax credit eligibility, enabling TPO providers to scale residential and commercial solar projects with reduced risk

Including session's moves, ENPH down 52.6% YTD