T1 Energy subsidiary amends credit agreement, extends milestone deadline to April 30, 2025

T1 Energy Inc.

Amendment No. 4 extends Date Certain for conditions precedent from March 14 to April 30, 2025, avoiding default.
Borrower Trina Solar US Manufacturing Module 1 (wholly owned by T1 Energy) entered the amendment with HSBC and other lenders.
The credit agreement supports a 5 GWdc solar module manufacturing facility in Wilmer, Texas.
No other terms of the credit agreement were changed; the amendment required consent of Required Lenders.
Fees and expenses due to secured parties were paid on or before the effective date of March 14, 2025.

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