Holtec’s logo glistens on the Nasdaq Building in New York City’s autumn sun (with several company executives in the foreground). This display celebrates the start of Climate Week with Holtec’s decades of contribution to clean energy technologies highlighted and epitomized by its flagship SMR-300 reactor. With the financial and technology predicates resolved, Holtec is poised to build the first two SMR-300 reactors (680 Mwe) most likely to be America’s first, alongside the Palisades Energy plant in Michigan (another nation’s first) due to be re-powered by the Company by the year end. The vast amount of capital needed to build dozens of SMR-300s across the world over the next decade has prompted the Company’s leadership to visit New York to explore with eligible sources including private placement and public markets to fund its mega-billion nuclear construction program after the pioneering Michigan SMRs are completed at the end of this decade.
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