BUZZ-<a href="https://laohu8.com/S/TE">T1 Energy</a> sells $160 million tax credits, shares rise** 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
(Reporting by Varun Sahay in Bengaluru)
((Varun.sahay@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments