T1 Energy (FKA Freyr) is buying KORE Power in a $32 million deal to expand into battery storage and AI data center infrastructure.

T1 Energy enters the AI data center and BESS markets with KORE Power buyout, projected to boost 2026/2027 EBITDA.

T1 Energy has entered into a definitive agreement to acquire vertically integrated battery energy storage system (BESS) company KORE Power.