nuclear-news

Nuclear developers turn to Special Purpose Acquisition Companies.

Three nuclear energy developers are seeking to raise more than $500mn
through mergers with special purpose acquisition companies as investors
rush to tap into an atomic energy boom.

Terra Innovatum, Terrestrial Energy
and Eagle Energy Metals said the transactions, which they expected to be
completed by the end of the year, would accelerate the development of small
modular reactors.

Several other companies developing nuclear technologies
are considering listings via initial public offerings, including Holtec
International and Quantum Leap Energy, a division of ASP Isotopes.
“Investors now realise that nuclear energy is here to stay because it is
needed to power the artificial intelligence revolution and this is
turbocharging interest, particularly in the US,” said Nick Lawson, the
chief executive of Ocean Wall, an investment group advising ASP Isotopes on
the QLE spin off.

Shares in nuclear energy companies surged near record
highs last week as optimism about a nuclear renaissance gathered pace owing
to AI power demand and political support from the Trump administration.
Last month Westinghouse outlined plans to build 10 large nuclear reactors
in the US at a meeting in Pittsburgh attended by President Donald Trump,
who has set a target of quadrupling American nuclear power capacity in the
next 25 years.

FT 11th Aug 2025, https://www.ft.com/content/087f3fac-52ca-4ca7-8827-734125af4a2b

August 12, 2025 - Posted by Christina Macpherson | business and costs, Small Modular Nuclear Reactors, USA