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Mergers & Acquisitions ·

T1 Energy Inc. entered into a definitive agreement to acquire KORE Power, Inc., an engineering-focused BESS and…

TET1 Energy Inc.

T1 Energy Inc. entered into a definitive agreement to acquire KORE Power, Inc., an engineering-focused BESS and software solutions provider. The transaction's enterprise value is approximately $32 million, which includes $9.6 million in common stock consideration, $9.6 million in potential earn-outs, and assumption of debt.

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