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Technology Stocks : Blank Check IPOs (SPACS)

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Triffin

To: Triffin who wrote (3832)	7/20/2023 5:55:26 PM
From: Glenn Petersen	3 Recommendations of 3862

Energy Northwest, X-Energy Agree to Develop 12 Small Modular Reactors By Daniella Parra July 19, 2023 Energy Northwest and X-Energy Reactor Company have signed a joint development agreement for up to 12 Xe-100 advanced small modular reactors in central Washington. The reactors are capable of generating a total of 960 megawatts of carbon-free electricity, both companies said in a statement. The Xe-100 reactors are designed to provide reliable carbon-free power and can produce either 80 megawatts of electricity or 200 megawatts of high-temperature steam. “Energy Northwest’s mission is to provide the region with clean, reliable and affordable electricity, and X-energy’s innovative advanced reactor technology will be a valuable addition to our existing portfolio of carbon-free electric generating resources,” said Bob Schuetz, CEO of Energy Northwest. Earlier this year, X-energy launched a landmark project with Dow (NYSE: Dow) to build the first industrial use project for SMRs in the U.S., the company said in a statement. “X-energy is eager to bring the insights and learnings from our ARDP experience to successfully deliver an Xe-100 nuclear power plant in central Washington. Energy Northwest’s experience as a leading nuclear operator in the region uniquely positions it to showcase the benefits and scalability of advanced nuclear.” said J. Clay Sell, CEO of X-energy. Contact: IPO-Edge.com Editor@IPO-Edge.com Twitter: @IPOEdge Instagram: @IPOEdge Energy Northwest, X-Energy Agree to Develop 12 Small Modular Reactors (yahoo.com)

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