T1 Energy Reports First Quarter 2025 Results with Sales Agreement and Lowered Guidance

Summary

T1 Energy Inc. reported its first quarter 2025 financial results, announcing a new 253 MW sales agreement with a U.S. utility-scale developer and lowering its 2025 EBITDA guidance to $25 - $50 million from $75 - $125 million. The company continues to ramp up production at its G1 Dallas facility, generating $64.6 million in revenue during Q1 2025. T1 also entered into a non-binding agreement to explore a potential investment in its G2 Austin facility with a partner aligned with the Kingdom of Saudi Arabia. Despite the lowered guidance, T1 maintains its integrated G1/G2 guidance and expects to exit 2025 with a cash and liquidity position of more than $100 million.