T1 Energy Secures $72M for G2_Austin Solar Facility

Summary

On October 24, 2025, T1 Energy Inc. announced a registered direct offering of $72 million in common stock to fund the first phase of its G2_Austin PV solar cell manufacturing facility. The closing is expected on or about October 24, 2025, subject to customary conditions. This capital formation, combined with a $50 million convertible preferred issuance, positions the company to start construction before year-end 2025. The company intends to use the net proceeds for working capital, strategic investments, and advancing energy technology projects.