Centrus Energy Corp. announced a public offering of Class A common stock, pre-funded warrants, and common warrants to raise capital. The proceeds will be used for general corporate purposes, including technology investments, debt repayment, capital expenditures, and potential acquisitions. The offering is subject to market conditions, with Guggenheim Securities and Barclays managing the process. Centrus aims to support its growth in nuclear fuel production and energy security initiatives with the raised funds.
Centrus Energy and Radiant have agreed on a multi-year contract for Centrus to supply high-assay, low-enriched uranium (HALEU) fuel to support Radiant's deployment of Kaleidos microreactors. This deal adds a domestic U.S. source of HALEU, crucial for...
Stocks of small modular reactor developers NuScale Power and Oklo rose sharply by 13% and 7% respectively, signaling renewed investor interest in the nuclear energy sector despite a broadly declining market. This rally comes without new company-speci...
