ONE Nuclear Energy to go public via a SPAC merger with Hennessy Capital Investment Corp. VII in a $1.1bn deal.

ONE Nuclear Energy, a company developing natural gas and advanced nuclear SMR energy parks, agreed to go public via a SPAC merger with Hennessy Capital Investment Corp. VII, special purpose acquisition company, in a $1.1bn deal. “This Business Combination with HVII represents a transformational milestone for ONE Nuclear as we work to deploy gas power and advanced nuclear SMR technology at scale. The transaction provides us with the capital and public company platform necessary to execute our energy strategy and meet the rapidly growing demand for clean, reliable energy solutions. We believe our long-term approach to gas and nuclear developments, combined with strong relationships and advanced SMR technology, positions us well to play a significant role in building energy infrastructure at a scale and speed that the country needs," Richard Taylor, ONE Nuclear CEO.