T1 Executes First Sale of Section 45X Tax Credits

Core Insights - T1 Energy Inc. has successfully completed a $160 million sale of Section 45X production tax credits (PTCs) to a leading investment-grade buyer, marking a significant milestone for the company [1][2][3] Financial Transaction - The sale involved $160 million of PTCs that were accrued and verified by a third party through December 2025, with the transaction priced at $0.91 per dollar of PTC generated [1][2] - The transaction is set to be true-up in February 2026, contingent on the confirmation of T1's December 2025 module production [2] Company Strategy and Operations - The CFO of T1 Energy expressed satisfaction with the sale, highlighting its importance in validating the company's ability to monetize tax credits, which supports ongoing investments in advanced American manufacturing [3] - T1 Energy is focused on expanding its domestic production capacity at its facilities in Dallas and Austin, with the latter being under construction [3][4] Company Overview - T1 Energy Inc. is positioned as a leading energy solutions provider, building an integrated U.S. supply chain for solar and batteries, and has plans for further operational expansion in America [4] - The company completed a transformative transaction in December 2024, enhancing its status in the solar manufacturing sector and developing a complementary solar and battery storage strategy [4]