Company: HVIIR
Filing Date: 2025-12-23
Form Type: S-4
Source: 0001493152-25-029121
Chunk: 336

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-12-23
Form: S-4
Chunk 336
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, Westinghouse AP300/AP1000, and Rolls-Royce   
 SMR. This allows the Company to select the optimal reactor for each specific site’s         
 geology and load profile, while exerting competitive pressure on vendors regarding pricing  
 and delivery guarantees.                                                                    |

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ONE Nuclear’s multi-vendor approach will allow the Company to select among leading reactor technologies based on project economics, thermal output, licensing maturity, and compatibility with the site’s physical characteristics and customer timelines. SMRs are intended to be manufactured in controlled factory environments and transported to the site as standardized modules, which ONE believes improves cost predictability, construction quality, and schedule certainty relative to conventional nuclear builds. Across the full asset lifecycle, the Company intends to develop, own, and operate these generation assets, supported by experienced operating partners, long-term service agreements, and project-level financing structures anchored by long-duration offtake contracts. This integrated model aligns incentives toward long-term asset performance, operational excellence, and the expansion of each energy park in tandem with multi-gigawatt customer growth.

ONE Nuclear expects to generate revenue primarily through long-term power sales and capacity-based agreements with large energy-intensive customers, including hyperscale AI and cloud operators, hydrogen producers, industrial manufacturers, and other critical-infrastructure providers seeking multi-decade firm-power commitments. At each site, initial revenue is anticipated from the sale of electricity produced by fast-deploying natural-gas generation units, which are designed to deliver early cash flow while establishing contracted baseload capacity. Over time, as advanced SMR units are deployed, ONE Nuclear expects a growing portion of revenue to come from fixed-price or inflation-indexed PPAs, tolling arrangements, and long-duration offtake contracts tied to nuclear generation, which typically feature higher availability requirements, longer contract tenors, and premium pricing for carbon-advantaged baseload power. In addition to energy sales, ONE Nuclear may generate incremental revenue from ancillary services, grid-stability products, potential heat-offtake arrangements for industrial processes, and site-level infrastructure offerings, such as dedicated substations, fiber connectivity, and microgrid services. By owning and operating each energy park, ONE Nuclear expects to capture margins across the full asset lifecycle, creating a long-duration, recurring revenue model anchored by contracted cash flows and supported by the scalability of both gas and nuclear capacity additions over time.

Development Pipeline of Energy Parks

ONE Nuclear is building a diverse pipeline of large-format energy park locations anchored by executed Memoranda of Understanding (“MOUs”) that define land access