T1 Energy Completes $160 Million Sale of Section 45X Tax Credits
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: Globenewswire
- Successful Transaction: T1 Energy has successfully completed a $160 million sale of Section 45X tax credits to a leading investment-grade buyer at a price of $0.91 per dollar, marking a significant advancement in the company's ability to monetize these credits.
- Production Capacity Enhancement: The sale encompasses tax credits accrued and verified through December 2025, which will provide funding for future production capacity expansion, supporting T1's investments in advanced American manufacturing.
- Strategic Partnership: Citigroup acted as financial advisor for this transaction, showcasing T1's influence and appeal in the capital markets, further solidifying its position in the renewable energy sector.
- Future Outlook: T1 plans to finalize the transaction details in February 2026, with expectations to continue investing in the G1_Dallas and the under-construction G2_Austin facilities to enhance domestic production capacity and drive business growth.
TE
$6.42+Infinity%1D
Analyst Views on TE
Wall Street analysts forecast TE stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for TE is 3.00 USD with a low forecast of 3.00 USD and a high forecast of 3.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 6.800
Low
3.00
Averages
3.00
High
3.00
Current: 6.800
Low
3.00
Averages
3.00
High
3.00
About TE
T1 Energy Inc., formerly FREYR Battery, Inc., is an energy solutions provider. The Company is engaged in building an integrated United States supply chain for solar and batteries. It is involved in solar manufacturing with a complementary solar and battery storage strategy. The Company produces photovoltaic (PV) solar modules for the Utility-Scale, commercial and industrial (C&I) and residential markets in the United States from its first operating facility, the G1 Dallas solar module Gigafactory in Wilmer, Texas.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
