The brief

Analyst view

• Restarting Palisades, 811 MWe, shut in 2022. Power contract March 2027.
• Two SMR-300s planned at site. SMR-300 targeted 2031. HI-STORE fuel storage.
• IPO filed 2026. Specialises in fuel management and SMR development.

Technical approach

As reported

Plant restart

Palisades refurbished and restarted

Head replacement, steam generators, fuel systems renewed.

SMR deployment

SMR-300 at existing plant sites

300 MWe units share water and transmission with host plants.

Fuel management

Core business: storage and transport

HI-STAR, HI-STORM, HI-STORE systems for spent fuel.