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Nuclear Firm HGP to Go Public via SPAC at $1.2B Valuation, Targeting Flexible Power for AI Data Centers

OdailyOdaily

Odaily News: Sources say HGP Intelligent Energy plans to go public through a special purpose acquisition company (SPAC), with the deal valuing the nuclear energy services company at approximately $1.2 billion. The company's technology aims to enable nuclear reactors to flexibly adjust power output in response to real-time fluctuations in electricity demand from artificial intelligence (AI) data centers. The sources also said the company will provide the same peak-shaving services to local power grids. (Bloomberg)

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