T1 Energy Stock Rallies Thursday: What's Happening?
T1 Energy is trading higher Thursday after officials in Mo i Rana, Norway, approved rezoning at its Giga Arctic campus for data center use.
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T1 Energy Q2 EPS $(0.14) Misses $(0.11) Estimate, Sales $250.128M Beat $203.220M Estimate
T1 Energy (NYSE:TE) reported quarterly losses of $(0.14) per share which missed the analyst consensus estimate of $(0.11) by 27.27 percent. This is a 30 percent increase over losses of $(0.20) per share from the same
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T1 Energy shares are trading higher after the company announced that officials in Mo i Rana, Norway, rezoned part of its Giga Arctic campus for data center development.
Read original at benzingaT1 Energy Announces Rezoning Of A Part Of Its Giga Arctic Campus In Mo I Rana, Norway, To Allow For Data Center Development; Expects That A 50 MW Data Center Could Be Operational In 2027 With Pathway To Expansion
T1 is pursuing multiple pathways to monetize this brownfield facility as part of a value optimization initiative. T1 expects that a 50 MW data center could be operational in 2027, with a pathway to expansion. T1 has a
Read original at benzingaBTIG Maintains Buy on T1 Energy, Raises Price Target to $9
BTIG analyst Gregory Lewis maintains T1 Energy (NYSE:TE) with a Buy and raises the price target from $8 to $9.
Read original at benzinga