Company: HVIIR
Filing Date: 2025-12-23
Form Type: S-4
Source: 0001493152-25-029121
Chunk: 113

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-12-23
Form: S-4
Chunk 113
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 in the capital markets and limit sources of liquidity. ONE Nuclear cannot predict the extent of the conflicts’ effects on its business and results of operations as well as on the global economy and energy markets.

ONE Nuclear’s natural gas supply will be subject to market volatility and pipeline transportation risk.

While ONE Nuclear expects to secure strategic relationships with natural gas providers and natural gas pipelines, ONE Nuclear will be exposed to fluctuations in natural gas prices. See “ —Commodity prices (particularly for natural gas) could impact the economic viability of ONE Nuclear’s businesses and the Company’s ability to commence operations.” Price spikes, regional delivery bottlenecks, pipeline outages, weather-related interruptions to wellhead production and related impacts on available pipeline deliveries, or contractual disputes could increase ONE Nuclear’s levelized cost of energy (“LCOE”) and reduce margin on take-or-pay tenant contracts. Delivery of natural gas will depend on functional and contractual pipeline interconnects. In addition, the use of alternative forms of transportation such as trucks or rail transportation of LNG involve risks as well. For example, recent and well-publicized accidents involving trains delivering energy commodities could result in increased levels of regulation and transportation costs. ONE Nuclear’s gas providers are dependent on third-party pipeline infrastructure to deliver their natural gas production to ONE Nuclear. In addition to causing production curtailments, capacity constraints can also increase the price ONE Nuclear pays for natural gas.

Our energy generation strategy requires multi-year planning and access to specialized equipment.

Nuclear reactors, gas turbines, reciprocating engines, HRSGs, transformers, and utility-scale battery systems all require long lead-times and complex shipping, staging, and installation logistics. Certain assets, like turbines, may only be available on the secondary market or through refurbishment programs. Any failure to source or deploy these assets in a timely manner could affect ONE Nuclear’s development schedule and financial forecast.

In addition, ONE Nuclear may fail to meet requirements for energy-related federal incentives. ONE Nuclear expects to rely on potential eligibility for numerous federal energy programs and tax incentives, such as the:

| ● | 45J                            
 Nuclear Production Tax Credit; |

| ● | 45Q                        
 Carbon Capture Tax Credit; |

| ● | 45V                            
 Clean Hydrogen Tax Credit; and |

| ● | 48C                            
 Advanced Manufacturing Credit. |

Each of these programs has eligibility thresholds, domestic content rules, prevailing wage mandates, and reporting burdens. If ONE Nuclear is unable to structure its SPEs or operations to meet these requirements, ONE Nuclear may forfeit millions of dollars in expected