TE T1 Energy Inc.
Price Chart
Executive Summary
T1 Energy announced the acquisition of KORE Power for approximately $32 million in equity, cash, and debt assumption, expected to close in Q2 2026. The deal provides T1 entry into the BESS and AI data center infrastructure markets via KORE's NRI division, which has deployed ~1,100 projects. T1 expects the acquisition to contribute $15M-$20M of EBITDA in 2027, but the near-term financial impact is modest relative to T1's $3.4B market cap.
Key Financial Metrics
Actionable Insight
The acquisition is small relative to T1's $3.4B market cap but strategically positions T1 in the fast-growing BESS market tied to AI data center demand. Monitor Q2 2026 close and any integration updates. The 2027 EBITDA guidance of $15M-$20M provides a tangible near-term target to track.
Key Facts
- Purchase enterprise value of ~$32 million in equity, cash, and debt assumption
- Total potential $9.6 million equity-based earn-out for FY2026 and FY2027
- Expected to close in Q2 2026, subject to KORE Power shareholder approval
- KORE's NRI division has deployed ~1,100 BESS projects worldwide
- T1 expects positive EBITDA from the acquisition in 2026 and $15M-$20M EBITDA contribution in 2027
- BESS market projected to grow from 45 GWh to 143 GWh in the U.S. by 2035 per Rystad Energy
Financial Impact
~$32 million enterprise value plus up to $9.6 million earn-out; expected $15M-$20M EBITDA contribution in 2027
Risk Factors
- KORE Power shareholder approval required; though majority support undertakings are in place
- Integration risk and ability to realize projected EBITDA contributions
- Forward-looking EBITDA estimates are non-GAAP and not reconciled to GAAP
Market Snapshot
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3305851 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 8, 2026
4d ago
|
8-K
| $0.3129 awaiting T+1 | awaiting T+1 | — | $8.50 (+2616.52%) |
|
Jun 3, 2026
9d ago
|
Press Release
| $11.50 $11.66 | ▲ +1.39% | ▲ +0.99% | $8.50 (−26.09%) |
|
May 12, 2026
4w ago
|
8-K
| $0.3129 $0.1500 | ▼ −52.06% | ▼ −52.24% | $8.50 (+2616.52%) |
|
May 12, 2026
4w ago
|
Press Release
| $5.85 $5.61 | ▼ −4.10% | ▼ −4.68% | $8.50 (+45.30%) |
|
May 7, 2026
5w ago
|
Press Release
| $5.15 $6.16 | ▲ +19.61% | ▲ +18.78% | $8.50 (+65.05%) |
|
Apr 30, 2026
6w ago
|
10-K/A
| — | awaiting T+1 | — | — |
|
Apr 27, 2026
6w ago
|
8-K
| $0.3129 $0.1530 | ▼ −51.10% | ▼ −50.86% | $8.50 (+2616.52%) |
|
Apr 17, 2026
8w ago
|
8-K
| — | awaiting T+1 | — | — |
|
Apr 15, 2026
8w ago
|
Press Release
| $5.34 $4.99 | ▼ −6.55% | ▼ −6.81% | $8.50 (+59.18%) |
|
Apr 14, 2026
8w ago
|
Press Release
| $4.86 $5.34 | ▲ +9.88% | ▲ +9.10% | $8.50 (+74.90%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access