X-Energy Xe-100 high-temperature gas-cooled SMR (80 MW per module) — supports planned 5+ GW US deployment by 2039 (incl. 320 MW Cascade Energy Northwest project, WA)
Amazon-anchored ~$500M Series C-1 raise. Funds X-Energy reactor design completion + first phase TRISO-X fuel fabrication facility (Oak Ridge, TN). Amazon-X-Energy partnership targets 5+ GW commercial SMR deployment by 2039 — largest commercial SMR deployment plan to date. Initial 320 MW Cascade Advanced Energy Facility with Energy Northwest (WA). Same week: Amazon also signed agreement with Dominion to explore SMR development in VA. Followed Oct 14 Google-Kairos 500 MW deal.
$500M
Deal Value
5,000MW
Capacity
Nuclear
Technology
TX, WA
Location
Deal Details
- Deal Type
- Strategic & Growth Capital
- Seller / Sponsor
- X-Energy Reactor Company
- Buyer / Financier
- Amazon (lead) + Citadel founder Ken Griffin, Ares Management, NGP, University of Michigan
- Deal Value
- ~$500M (Series C-1)
- Stage
- Development
- ISO/RTO
- Multiple
- Source
- X-Energy
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