Company: HVIIR
Filing Date: 2025-12-23
Form Type: S-4
Source: 0001493152-25-029121
Chunk: 326

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-12-23
Form: S-4
Chunk 326
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 quality, operational safety, and lifecycle maintenance, aligning the Company’s      
 interests with those of its anticipated customers, who typically enter into long-term     
 Power Purchase Agreements (PPAs) with 15-20 year tenors.                                  |

| ● | Maximizing                                                                               
 Long-Term Cash Flows for Shareholders: Nuclear assets have operating lifespans           
 of 60 to 80 years. Once the initial capital cost is amortized (typically over 20 years), 
 these plants generate significant cash flow relative to their low marginal fuel costs.   |

ONE Nuclear’s energy-park model is structured as an integrated, multi-technology platform that enables the staged deployment of natural-gas generation, energy storage systems and advanced SMR capacity in a manner aligned with customer needs, regulatory timelines, and capital efficiency. ONE Nuclear expects its initial sites to be designed as a long-lived, scalable campus anchored initially by high-efficiency gas units capable of producing hundreds of megawatts (MW) of dispatchable power, and energy storage systems consisting of battery arrays to ensure 24/7 availability and reliability of power, followed by the phased installation of factory-built SMRs that provide zero-carbon baseload over multi-decade horizons. This sequencing will allow the Company to deliver reliable power and begin generating meaningful revenues while advancing the nuclear commissioning, engineering, licensing, and construction workstreams necessary to transition each campus into a fully integrated low-carbon energy park.

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The first development phase centers on the rapid deployment of natural-gas generation at the Company’s priority sites. Under ONE Nuclear’s Strategic Collaboration Agreement with Rolls-Royce SA, ONE has access to Rolls-Royce branded gas generation systems sized for multi-gigawatt parks, with up to 1 GW of capacity per site targeted for installation by the fourth quarter of 2028. To support the technical and engineering requirements of this near-term buildout, ONE executed a Technical Services Agreement with Black & Veatch, a global engineering firm specializing in large-scale power-generation and grid-integration projects. Under this agreement, Black & Veatch agreed to professional engineering services in accordance with recognized industry standards, including site engineering, and technical reviews across the full lifecycle of ONE’s gas and SMR development activities. Their role strengthens the Company’s ability to maintain consistent engineering quality across multiple sites, accelerate development timelines, and de-risk early-stage design and interconnection pathways that are critical for multi-gigawatt campus builds.

Beyond equipment and engineering, ONE Nuclear has advanced the commercial