X-energy's IPO: Clean Energy Boost for Tri-Cities
Seattle News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
X-energy, a company developing advanced small modular reactors, has filed for an IPO, potentially raising up to $300 million. This move could accelerate the construction of a second reactor in the Tri-Cities area, which is now planned for the Texas Gulf Coast. Amazon is partnering with Energy Northwest to build a reactor near Richland, with the first four modules of the Tri-Cities project expected to start producing power in the mid-2020s. The full setup could create one thousand construction jobs and at least one hundred ongoing roles.
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