Bill Gates-backed firm gets permission to build sodium-cooled nuclear reactor in Wyoming [Fortune]
NextEra Energy, Inc. (NEE)
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Source: Fortune
will allow a Bill Gates-backed company to build a sodium-cooled reactor in western Wyoming. Recommended Video TerraPower filed for the permit in 2024 and construction is now set to begin within weeks. Completion of the up to $4 billion plant is targeted for 2030, according to TerraPower. Microsoft co-founder Gates, who is eyeing nuclear generation as a power source for the electricity-hungry data centers behind artificial intelligence, is a founder of TerraPower and its primary investor. “We have spent thousands of manpower hours working to achieve this momentous accomplishment,” TerraPower President and CEO Chris Levesque said in a statement. The TerraPower plant is set to be built near a coal-fired power plant that is being converted to burn natural gas outside Kemmerer, a town of about 2,500 people some 130 miles (210 kilometers) northeast of Salt Lake City. Gates and his energy company are seeking to develop a next-generation nuclear plant that would “revolutionize” how
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NEE
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- 1/27/26 - Beat
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- 3/2/26 - Form CERT
- 3/2/26 - Form 8-A12B
- NEE's page on the SEC website