Company: HVIIR
Filing Date: 2025-12-23
Form Type: S-4
Source: 0001493152-25-029121
Chunk: 338

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-12-23
Form: S-4
Chunk 338
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 to deploy natural-gas at significant scale. Consistent with this phased approach, the MOU provides for early installation of more than 500MW of gas-fired capacity to meet initial anticipated customer load and enhance system reliability.

Oklahoma Energy Park

ONE Nuclear’s Oklahoma energy-park initiative is structured under a comprehensive MOU with Blackstart Digital, LLC (“Blackstart”). The agreement covers multiple candidate parcels and outlines the development of up to 1+ GW of natural-gas and advanced SMR capacity, implemented through a phased development framework. Under the terms of the MOU, ONE Nuclear is responsible for leading all technical, financial, and regulatory aspects of the project, including technology selection, EPC contracting, interconnection planning, and complete oversight of the NRC licensing process for SMRs, to include preparation and submission of the site-specific Combined Operating License (“COL”) application. Blackstart, in turn, provides critical regional execution capability, including land access and subdivision, securing water rights, handling zoning, leading master planning, and coordinating with local authorities, utilities, tribes, and environmental groups.

The MOU identifies a structured multi-phase progression beginning with (i) completion of grid interconnection studies and the natural-gas plant development plan, followed by (ii) execution of long-term PPAs for gas units and submission of the SMR COL application, and culminating in (iii) receipt of NRC approvals and commencement of SMR commercial operations in the early 2030s. It also contemplates a detailed Commercial Framework that may include land leases, milestone payments, equity participation, revenue-sharing arrangements, or hybrid structures, all to be negotiated in the JDA. Importantly, the MOU includes a 36-month exclusivity period, during which both parties commit substantial time and capital toward licensing, community planning, environmental studies, and interconnection work, providing development certainty and protecting project economics.

Together, ONE Nuclear and Blackstart will jointly coordinate community engagement, stakeholder communications, local economic-development efforts, and customer outreach to major regional industrial users. This framework establishes Oklahoma as a flagship site demonstrating ONE’s ability to sequence early natural-gas operations into multi-reactor SMR buildouts across a large, scalable acreage footprint.

Washington State Energy Park

In Washington state, ONE Nuclear has executed an MOU with a local master developer for the development of a site spanning approximately 7,200 acres of industrial land, one of the largest contiguous development zones in the Pacific Northwest. The MOU contemplates deployment of 2–6 GW of