T1 Energy sells $160 million tax credits, shares rise
ReutersDec 30, 2025 11:34 AM
Shares of U.S. solar company T1 Energy TE.N rise 6.5% at $6.84 premarket
The company says it has completed a $160 million sale of Section 45X production tax credits (PTC) to an investment-grade buyer
Sale covers $160 million in verified PTC through December 2025, with a true-up planned for February 2026
Citigroup Global Markets acted as financial advisor T1 Energy
Up to last close, shares up 148.8% YTD
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