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Benzinga
Benzinga
Business
Lekha Gupta

T1 Energy Jumps After Investing In Cutting-Edge US Solar Project

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T1 Energy Inc. (NYSE:TE) shares are trading higher premarket on Friday. The company acquired a minority stake in Talon PV LLC, a developer of solar cell facilities.

As part of the agreement, T1 has entered into a SAFE (Simple Agreement for Future Equity) to acquire a stake in Talon, with discussions ongoing to potentially deepen the strategic partnership.

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