Company: HVIIR
Filing Date: 2025-12-23
Form Type: S-4
Source: 0001493152-25-029121
Chunk: 340

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-12-23
Form: S-4
Chunk 340
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 encompass up to 15 GW of combined gas and nuclear capacity potential. Each site undergoes a structured diligence process that evaluates land control, gas access, water availability, redundant fiber, transmission strength, permitting pathways, and proximity to AI, hydrogen, and industrial loads.

Expansion and Growth of the Development Pipeline

Beyond its three anchor sites, ONE Nuclear continues to advance a national screening effort encompassing more than 75 candidate locations, applying a consistent methodology focused on land control, proximity to high-pressure gas, water sufficiency, multi-path fiber availability, grid interconnection optionality, and adjacency to large AI and industrial loads. ONE Nuclear’s expansion strategy utilizes the standardized development template proven across its MOUs: early site control, rapid deployment of near-term natural-gas capacity, parallel advancement of nuclear licensing and regulatory workstreams, staged SMR additions, and long-term offtake-anchored financing. Each new site ONE Nuclear assesses builds on institutional knowledge acquired and honed at the East Texas, Oklahoma, and Washington state projects, enabling a scalable, repeatable model capable of supporting multi-gigawatt buildouts across multiple U.S. regions. Over time, ONE Nuclear intends to convert a subset of these screened sites into executed MOUs, JDAs, and ultimately operating energy parks, creating a long-duration growth engine for ONE’s national development platform.

Industry and Market Opportunity

Overview of the Evolving Power Landscape

The U.S. power sector is entering a structurally new growth era marked by rapid electrification, tightening decarbonization mandates, and the emergence of unprecedented energy-intensive loads. After two decades of near-zero demand growth, the U.S. Energy Information Administration (“EIA”) now projects that national electricity consumption will increase nearly 20% by 2035, compared to only 8% total growth from 2000 to 2020 (EIA Annual Energy Outlook 2024). This shift is being accelerated by industrial reshoring, electrified manufacturing, clean hydrogen production, and surging digital-infrastructure activity, particularly in support of AI.

At the same time, retirement of aging baseload plants and limited transmission expansion are constraining the ability of utilities and independent system operators to add firm capacity. The North American Electric Reliability Corporation (“NERC”) warns that approximately half of the continental U.S. faces elevated reliability risks as early as 2026 due to capacity shortages and delayed transmission expansion (NERC Reliability Assessment 2023–2024). This growing imbalance between supply and demand creates a compelling market need for large