T1 Energy $322 million stock and convertible notes offerings
We advised the representatives of the several underwriters on the offerings
Davis Polk advised the representatives of the several underwriters in connection with a $161 million SEC-registered offering of 32.5 million shares of common stock by T1 Energy Inc. and an SEC-registered offering of an aggregate principal amount of $161 million of its 5.25% convertible senior notes due 2030.
T1 Energy Inc. is an energy solutions provider building an integrated U.S. supply chain for solar and batteries. It manufactures and sells photovoltaic solar modules in the United States.
The Davis Polk capital markets team included partner Derek Dostal, counsel John H. Runne and associate Gianmarco Dedós Capote. The equity derivatives team included partners Mark M. Mendez and Mark J. DiFiore, counsel M. Faisal Baloch and associate Jessica Carter. Counsel Dustin Plotnick and associates Georgianna Eck and Zoey Chau provided tax advice. All members of the Davis Polk team are based in the New York office.