Exhibit 25.1

United States

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM T-1

STATEMENT OF ELIGIBILITY

UNDER THE TRUST INDENTURE ACT OF 1939

OF A CORPORATION DESIGNATED TO ACT AS TRUSTEE

Check if an Application to Determine Eligibility of a Trustee Pursuant to Section 305(b)(2) ☒

WILMINGTON SAVINGS FUND SOCIETY, FSB

(Exact name of Trustee as specified in its charter)

N/A	51-0054940
(Jurisdiction of incorporation of organization if not a U.S. national bank)	(I.R.S. Employer Identification No.)

500 Delaware Avenue, 11th Floor

Wilmington, DE  19801

(302) 792-6000

(Address of principal executive offices, including zip code)

WILMINGTON SAVINGS FUND SOCIETY, FSB

CONTROLLER’S OFFICE

500 Delaware Avenue

Wilmington, DE  19801

 (302) 792-6000

(Name, address, including zip code, and telephone number, including area code, of agent of service)

ADS-TEC ENERGY PLC
(Exact name of obligor as specified in its charter)
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)

10 Earlsfort Terrace

Dublin 2, D02 T380, Ireland

+353 1 920 1000

(Address of principal executive offices, including zip code)

Debt Securities

(Title of the indenture securities)

ITEM 1. GENERAL INFORMATION.

Furnish the following information as to the trustee:

(a) Name and address of each examining or supervising authority to which it is subject.

United States Securities and Exchange Commission

Washington, DC  20549

Federal Reserve

District 3

Philadelphia, PA

FDIC

Washington, DC  20549

Office of the Comptroller of the Currency

New York, NY  10173

(b) Whether it is authorized to exercise corporate trust powers.

The trustee is authorized to exercise corporate trust powers.

ITEM 2. AFFILIATIONS WITH THE OBLIGORS.

  If the obligor is an affiliate of the trustee, describe each affiliation:

Based upon an examination of the books and records of the trustee and information available to the trustee, the obligor is not an affiliate of the trustee.  

ITEMS 3-15. Items 3-15 are not applicable because to the best of the trustee’s knowledge, the obligor is not in default under any indenture for which the trustee acts as trustee.

ITEM 16. LIST OF EXHIBITS.

Listed below are all exhibits filed as part of this Statement of Eligibility and Qualification.

Exhibit 1.	A copy of the articles of association of the trustee as now in effect.
Exhibit 2.	Not applicable.
Exhibit 3.	Not applicable.
Exhibit 4.	A copy of the existing bylaws of the trustee, or instruments corresponding thereto.
Exhibit 5.	Not applicable.
Exhibit 6.	The consents of United States institutional trustees required by Section 321(b) of the Act.
Exhibit 7.	A copy of the latest report of condition of the trustee published pursuant to law or the requirements of its supervising or examining authority.
Exhibit 8.	Not applicable.
Exhibit 9.	Not applicable.

1

Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the trustee, Wilmington Savings Fund Society, FSB, a federal savings bank organized and existing under the laws of the United States of America, has duly caused this Statement of Eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Wilmington and State of Delaware on the 19th day of March, 2025.

WILMINGTON SAVINGS FUND SOCIETY, FSB
By:	/s/ Patrick J. Healy
	Name:	Patrick J. Healy
	Title:	Senior Vice President

2

Exhibit 1

Charter of Wilmington Savings Fund Society, FSB

(see attached)

Exhibit 4

Bylaws of Wilmington Savings Fund Society, FSB

(see attached)

Exhibit 6

Consent of Wilmington Savings Fund Society, FSB

(see attached)

March 19, 2025

United States Securities and Exchange Commission

Washington, D.C. 20549

Gentlemen:

In accordance with Section 321(b) of the Trust Indenture Act of 1939, as amended, the undersigned hereby consents that reports of examination of the undersigned made by Federal, State, Territorial, or District authorities authorized to make such examination may be furnished by such authorities to the United States Securities and Exchange Commission upon its request thereof.

Very truly yours,

WILMINGTON SAVINGS FUND SOCIETY, FSB

/s/ Patrick J. Healy

Patrick J. Healy

Senior Vice President

Exhibit 7

Current Report of Wilmington Savings Fund Society, FSB

(see attached)

WILMINGTON SAVINGS FUND SOCIETY, FSB	FFIEC 041
RSSD-ID 437914	Report Date 12/31/2024
Last Updated on 1/30/2025	1

Schedule RC - Balance Sheet(Form Type - 041)

All schedules are to be reported in thousands of dollars. Unless otherwise indicated, report the amount outstanding as of the last business day of the quarter.

Dollar amounts in thousands
1. Cash and balances due from depository institutions (from Schedule RC-A):
a. Noninterest-bearing balances and currency and coin1	RCON0081	573,548
b. Interest-bearing balances2	RCON0071	577,568
2. Securities:
a. Held-to-maturity securities (from Schedule RC-B, column A)3	RCONJJ34	1,015,161
b. Available-for-sale debt securities (from Schedule RC-B, column D)	RCON1773	3,510,648
c. Equity securities with readily determinable fair values not held for trading4	RCONJA22	0
3. Federal funds sold and securities purchased under agreements to resell:
a. Federal funds sold	RCONB987	0
b. Securities purchased under agreements to resell5	RCONB989	0
4. Loans and lease financing receivables (from Schedule RC-C):
a. Loans and leases held for sale	RCON5369	49,699
b. Loans and leases held for investment	RCONB528	13,191,499
c. LESS: Allowance for credit losses on loans and leases	RCON3123	195,281
d. Loans and leases held for investment, net of allowance (item 4.b minus 4.c)	RCONB529	12,996,218
5. Trading assets (from Schedule RC-D)	RCON3545	0
6. Premises and fixed assets (including right-of-use assets)	RCON2145	235,018
7. Other real estate owned (from Schedule RC-M)	RCON2150	5,204
8. Investments in unconsolidated subsidiaries and associated companies	RCON2130	17,563
9. Direct and indirect investments in real estate ventures	RCON3656	0
10. Intangible assets (from Schedule RC-M)	RCON2143	904,141
11. Other assets (from Schedule RC-F)6	RCON2160	836,905
12. Total assets (sum of items 1 through 11)	RCON2170	20,721,673
13. Deposits:
a. In domestic offices (sum of totals of columns A and C from Schedule RC-E)	RCON2200	17,340,079
1. Noninterest-bearing7	RCON6631	5,026,585
2. Interest-bearing	RCON6636	12,313,494
b. Not applicable
14. Federal funds purchased and securities sold under agreements to repurchase:
a. Federal funds purchased8	RCONB993	0
b. Securities sold under agreements to repurchase9	RCONB995	0
15. Trading liabilities (from Schedule RC-D)	RCON3548	0
16. Other borrowed money (includes mortgage indebtedness) (from Schedule RC-M)	RCON3190	74,142
17. Not applicable
18. Not applicable
19. Subordinated notes and debentures10	RCON3200	0
20. Other liabilities (from Schedule RC-G)	RCON2930	801,009
21. Total liabilities (sum of items 13 through 20)	RCON2948	18,215,230
22. Not applicable
23. Perpetual preferred stock and related surplus	RCON3838	0
24. Common stock	RCON3230	0
25. Surplus (exclude all surplus related to preferred stock)	RCON3839	2,402,427
26. Not available
a. Retained earnings	RCON3632	739,269
b. Accumulated other comprehensive income11	RCONB530	-624,877
c. Other equity capital components12	RCONA130	0
27. Not available
a. Total bank equity capital (sum of items 23 through 26.c)	RCON3210	2,516,819
b. Noncontrolling (minority) interests in consolidated subsidiaries	RCON3000	-10,376
28. Total equity capital (sum of items 27.a and 27.b)	RCONG105	2,506,443
29. Total liabilities and equity capital (sum of items 21 and 28)	RCON3300	20,721,673
1. Indicate in the box at the right the number of the statement below that best describes the most comprehensive level of auditing work performed for the bank by independent external auditors as of any date during 2023	RCON6724	NR
2. Bank’s fiscal year-end date (report the date in MMDD format)	RCON8678	NR

1. Includes cash items in process of collection and unposted debits.

2. Includes time certificates of deposit not held for trading.

3. Institutions should report in item 2.a, amounts net of any applicable allowance for credit losses, and should equal to Schedule RC-B, item 8, column A less Schedule RI-B, Part II, item 7, column B.

4. Item 2.c is to be completed by all institutions. See the instructions for this item and the Glossary entry for “Securities Activities” for further detail on accounting for investments in equity securities.

5. Includes all securities resale agreements, regardless of maturity.

6. Institutions should report in items 3.b and 11 amounts net of any applicable allowance for credit losses.

7. Includes noninterest-bearing demand, time, and savings deposits.

8. Report overnight Federal Home Loan Bank advances in Schedule RC, item 16, “Other borrowed money.”

9. Includes all securities repurchase agreements, regardless of maturity.

10.	Includes limited-life preferred stock and related surplus.
11.	Includes, but is not limited to, net unrealized holding gains (losses) on available-for-sale securities, accumulated net gains (losses) on cash flow hedges, and accumulated defined benefit pension and other postretirement plan adjustments.
12.	Includes treasury stock and unearned Employee Stock Ownership Plan shares.

WILMINGTON SAVINGS FUND SOCIETY, FSB	FFIEC 041
RSSD-ID 437914	Report Date 12/31/2024
Last Updated on 1/30/2025	2

Schedule RC-A - Cash and Balances Due From Depository Institutions(Form Type - 041)

Schedule RC-A is to be completed only by banks with $300 million or more in total assets. Exclude assets held for trading.

Dollar amounts in thousands
1. Cash items in process of collection, unposted debits, and currency and coin:
a. Cash items in process of collection and unposted debits	RCON0020	93,599
b. Currency and coin	RCON0080	463,140
2. Balances due from depository institutions in the U.S	RCON0082	9,610
3. Balances due from banks in foreign countries and foreign central banks	RCON0070	7,555
4. Balances due from Federal Reserve Banks	RCON0090	577,212
5. Total	RCON0010	1,151,116