Newcleo Fuels $2.4B SPAC Debut with $780M War Chest and Oklo Partnership

European lead-cooled reactor developer Newcleo is making its public debut via a $2.4 billion SPAC merger, bolstered by a $780 million war chest and a strategic partnership with Oklo, aiming to 'close the nuclear fuel cycle'.

29 May, 19:25 — 29 May, 19:25

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zerohedgeLow56d ago

"Closing The Nuclear Fuel Cycle" - Newcleo's $780M War Chest And Oklo Partnership Fuel $2.4B SPAC Debut

"Closing The Nuclear Fuel Cycle" - Newcleo's $780M War Chest And Oklo Partnership Fuel $2.4B SPAC Debut It's open season in the nuclear industry for going public, and this week's episode features newcleo, a European lead-cooled reactor developer. The Paris-based developer of lead-cooled fast reactors (LFRs) and closed-cycle MOX fuel announced it will merge with NewHold Investment Corp III (ticker NHIC) in a deal valuing the company at roughly $2.4 billion. A $220 million ov...

By Tyler Durden

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Newcleo Fuels $2.4B SPAC Debut with $780M War Chest and Oklo Partnership

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"Closing The Nuclear Fuel Cycle" - Newcleo's $780M War Chest And Oklo Partnership Fuel $2.4B SPAC Debut

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