T1 Energy Inc. (TE) company profile
Close on Nov 12, 2026Market cap $580.22MP/E –Yield 0.00%
About T1 Energy
Semiconductors & Related Devices, SIC 3674
T1 Energy Inc. manufactures and distributes photovoltaic solar equipment for the energy sector. The company produces solar modules utilizing passivated emitter and rear contact as well as tunnel oxide passivated contact technologies. Its products serve three primary market segments: utility-scale, commercial and industrial, and residential applications. The business primarily supplies utility-scale project developers, while also selling equipment to commercial, industrial, and residential customers across the United States.
The company operates within the United States and is organized as a Delaware corporation. Its operational footprint includes a five-gigawatt solar module assembly plant featuring seven production lines in Wilmer, Texas. In addition, the firm is developing a solar cell manufacturing facility situated on a 100-acre site in Milam County, Texas. As of December 2025, the workforce includes 562 direct employees, alongside 116 advisory contractors and approximately 618 agency personnel stationed at the Wilmer facility.
Summary of the business section of T1 Energy's latest annual report, written by StockData.
Company profile
Company
- Legal name
- T1 Energy Inc.
- Headquarters
- Austin, TX
- Address
- 1211 E 4th St. 78702
- Phone
- (409) 599-5706
- Website
- t1energy.com
- Employees
- 562, Dec 31, 2025
- Industry
- Semiconductors & Related Devices
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- KPMG LLP, Austin, TX
Stock & identifiers
- Ticker
- TE
- Former tickers
- FREY until Mar 4, 2025
- Exchange
- NYSE
- IPO date
- Jan 10, 2020
- Shares outstanding
- 295M, Aug 10, 2026
- Public float
- $141.00M, Jun 30, 2025
- Filer category
- Non-accelerated filer<br>Smaller reporting company
- SEC CIK
- 1992243
- CUSIP
- 35834F104
- ISIN
- US35834F1049
- FIGI
- BBG01KR6BS70
- Share class FIGI
- BBG01KR6BS89
- LEI
- 529900H0645VFXNMJ693
- EIN
- 93-3205861
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Daniel Barcelo | Chief Executive Officer, Director | 1,096,608 |
| Thomas Mahrer | Chief Accounting Officer | 18,912 |
| Jaime Eduardo Gualy | Chief Operating Officer | 87,499 |
| Andrew Munro | Chief Legal & Policy Officer | 61,011 |
| Joseph Evan Calio | Chief Financial Officer | 1,864,660 |
| Andreas Bentzen | Chief Technology Officer | 26,200 |
| Denise Cruz | SVP, CAO and Corp. Controller | – |
| Global LLC EDGE | Please see remarks. | 392,586 |
| Vecchio Peter del | Interim CLO & COO | – |
| David Eric Gustafson | Chief Operating Officer | – |
| Balazs Peter Matrai | Director | 3,005,562 |
| W. Richard Anderson | Director | 50,000 |
| Daniel Steingart | Director | 50,000 |
| Jessica Wirth Strine | Director | 50,000 |
| David J. Manners | Director | 110,379 |
| Robert O. Hammond | Director | – |
| Solar (Schweiz) Ag Trina | Director | 53,152,664 |
| Mingxing Lin | Director | 431,800 |
| Tore Ivar Slettemoen | Director | 4,155,457 |
| Todd J. Kantor | Director | 48,431,437 |
| Capital Partners LLC Encompass | Director | – |
| Capital Advisors LLC Encompass | Director | 13,463,268 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $5.78M | $8.28M | $4.00M | $508 | – |
| FY2024 Average Non CEONEOs | $1.62M | $1.73M | $1.62M | $115 | – |
| FY2024 Birger Steen | $1.00M | $833.86K | $1.62M | $115 | – |
| FY2024 Daniel Barcelo | $2.17M | $2.17M | $1.62M | $115 | – |
| FY2024 Tom Einar Jensen | $2.55M | $3.58M | $1.62M | $115 | – |
| FY2023 | $1.32M | $258.20K | $1.32M | $84 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Bonus | Stock awards | Option awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|---|---|
| Daniel Barcelo Chairman & CEO | $800.00K | $800.00K | $3.75M | – | $420.00K | $5.85K | $5.78M | +166% |
| Joseph Evan Calio Chief Financial Officer | $600.00K | $600.00K | $5.19M | $270.00K | $315.00K | $39.12K | $7.01M | +117% |
| Einar GS Kilde Chief Development Officer | $550.00K | $154.69K | $277.20K | – | – | $11.47K | $993.36K | +68% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had 562 employees, substantially all of which were full time and work in the United States.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jul 28, 2026 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jul 10, 2026 | Delisting | Notice of delisting from exchange (Form 25) |
| Sep 5, 2025 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Aug 15, 2025 | Late filing | Notification of late filing |
| Feb 14, 2025 | Name change | Name changed from FREYR Battery, Inc. /DE/ to T1 Energy Inc. |
| Dec 27, 2024 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Sep 8, 2023 | Merger | Registration of securities for a merger or exchange offer (S-4) |
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