Microreactor developer Last Energy says it has received a letter of intent from the Export-Import Bank of the United States for USD103.7 million debt financing relating to its project in South Wales in the UK. The company says that the letter, from the bank’s structured and project finance division, confirms its “willingness to diligence” the financing and follows an in-depth review of Last Energy’s “technology, business model, manufacturing plan and access to nuclear fuel. Upon final commitment, the Bank’s facility … read more »
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