A start-up developing small nuclear reactors powered by radioactive waste plans to raise €1 billion (£890 million) this year. Newcleo, an Anglo-Italian venture, will tap new and existing investors as it expands on its plans for a lead-cooled reactor fuelled by waste derived from existing nuclear plants. Stefano Buono, chief executive, said Newcleo, which raised €300 million last year, did not need the money just yet, “but we like to anticipate the need for funding a few years ahead”. Its … read more »
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