NuScale to go public using SPAC process

December 15, 2021, 12:07PMNuclear News

First reported last week by S&P Global Platts but confirmed only yesterday, small modular reactor developer NuScale Power plans to go public via a merger with Spring Valley Acquisition Corporation, a special purpose acquisition company, or SPAC. (SPACs are shell corporations listed on a stock exchange with the purpose of acquiring or merging with a private company, effectively taking that company public without going through the standard initial public offering process.)

To continue reading, log in or create a free account!

How can SMRs revolutionize industrial decarbonization?

June 25, 2024, 12:04PMNuclear NewsJosé Reyes

Innovations with small modular reactors, which offer a compact, efficient alternative to traditional baseload power plants, are at the forefront of a new era of nuclear energy production that...

Aptim wins $630 million contract for cleanup of naval reactor sites

June 28, 2024, 9:40AMRadwaste Solutions

The Department of Energy’s Office of Environmental Management awarded a 10-year contract worth up to $630 million to Louisiana-based Aptim Federal Services for deactivation and...

House Energy and Water Subcommittee set to mark up FY 2025 appropriations bill

June 28, 2024, 7:00AMNuclear News

A subcommittee markup of the House energy and water fiscal year 2025 appropriations bill is scheduled for 8:30 a.m. (EDT) today. The appropriations package would fund energy and water...

USA’s John Christensen on the supply chain and other things

June 21, 2024, 3:00PMNuclear News

The conversation was casual with John Christensen, president and chief executive officer of Utilities Service Alliance, as he reflected on his 17 years with the organization. Christensen will...

DOE to invest $900M in next-generation nuclear

June 20, 2024, 12:01PMNuclear News

The U.S. Department of Energy plans to invest up to $900 million to support the initial deployment of small modular reactor technology.The DOE issued a notice of intent to fund projects from...

Urgent imperative: The crucial role of near-term nuclear deployment

June 5, 2024, 12:00PMNuclear NewsJohn Wagner

As advocates for the environment, national security, and U.S. prosperity, and as believers that the substantial global expansion of nuclear energy is essential to these interests, let’s take...

Duke partnering with Amazon, Google, Microsoft, Nucor on energy security

May 30, 2024, 3:00PMNuclear News

Duke Energy announced agreements yesterday with Amazon, Google, Microsoft, and Nucor to accelerate clean energy deployments in the Carolinas through a new rate structure proposal.The company...

Savannah River contractor receives NSC safety awards

May 20, 2024, 9:33AMRadwaste Solutions

Department of Energy cleanup contractor Savannah River Mission Completion (SRMC) has garnered national recognition for its commitment to safety, recently receiving three awards from the...

Securing the advanced reactor fleet

May 17, 2024, 3:00PMNuclear NewsBen Cipiti, Katya Le Blanc, and Cory Hatch

Physical protection accounts for a significant portion of a nuclear power plant’s operational costs. As the U.S. moves toward smaller and safer advanced reactors, similar protection...

BWXT announces nuclear manufacturing plant expansion

Investment banking on higher demand for SMR and large nuclear reactors

April 19, 2024, 9:30AMNuclear News

BWX Technologies announced today plans to expand and add advanced manufacturing equipment to its manufacturing plant in Cambridge, Ontario, Canada.A $36.3 million USD ($50M CAD) expansion will...

NuScale to go public using SPAC process

Related Articles