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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

 (Reporting by Sumit Saha in Bengaluru)

 ((Sumit.Saha@thomsonreuters.com;))

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