Company: HVIIR
Filing Date: 2025-12-23
Form Type: S-4
Source: 0001493152-25-029121
Chunk: 327

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-12-23
Form: S-4
Chunk 327
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 architecture that will underpin both gas and nuclear phases of the platform. ONE entered into a Strategic Collaboration Agreement with a leading global energy company, one of the world’s most sophisticated commodity-trading and power-marketing organizations, to explore a structured market-facing partnership spanning trading, risk management, PPA origination, and hybrid offtake structures. Under this agreement, the parties may evaluate using the counterparty as ONE’s trading partner for carbon-free nuclear output and excess gas-fired generation not covered by long-term PPAs; assess market-optimization strategies for SMR power, including participation in spot, forward, and ancillary-services markets; and collaborate on structuring PPAs, indexed contracts, and “carbon-pollution-free electricity” products for hyperscaler and industrial customers. The agreement also contemplates developing innovative trading processes, risk-management tools, and customer-development pathways that could expand market access for SMR-generated power while enhancing portfolio value across different time horizons.

The nuclear phase of the platform is designed around modularity, repeatability, and operational excellence. ONE Nuclear’s plans to engineer its sites to host multiple SMR units delivered as standardized, factory-built modules, an approach ONE believes enhances cost and schedule predictability relative to traditional “stick-built” nuclear construction. To strengthen operational readiness for this phase, ONE executed a Memorandum of Understanding (MOU) with Quadrant Nuclear Industries (“QNI”), a firm specializing in engineered nuclear components, High-Assay Low-Enriched Uranium fuel-cycle support, Nuclear Regulatory Commission (NRC)-compliant training programs, and operational best practices derived from U.S. Navy nuclear standards. The MOU establishes a structured discovery period in which the Company and QNI will jointly assess the feasibility of forming a long-term business partnership and identify alignment across workforce development frameworks, operations-support structures, regulatory-readiness initiatives, and long-term operating-model requirements, with QNI designating ONE as the only company with whom it is it is pursuing a long-term business arrangement for training and operational services directly related to ONE’s SMR Projects for the duration of the MOU.

Beyond equipment and operations, ONE Nuclear has also strengthened the commercial engine enabling it to be a holistic provider of energy. Under ONE’s Strategic Advisory Agreement with FutureWorx, the Company will benefit from a dedicated business-development partner focused on identifying and introducing data center developers, real-estate sponsors, and large energy offtakers suitable for co-located development at ONE’s energy parks. FutureWorx supports customer engagement at the earliest