Holtec targets $10.2B valuation as nuclear goes public
Holtec Nuclear is seeking a valuation of up to $10.2 billion in its planned IPO as nuclear power regains investor attention.
Nuclear energy’s revival is starting to show up in public-market pricing, not just venture rounds and government grants.
What happened
Holtec Nuclear is seeking to raise as much as $900 million in an IPO at a valuation of up to $10.2 billion. The company operates across nuclear fuel and waste management and is also expanding into reactor development.
Why it matters
Holtec would provide investors with another public-market benchmark for nuclear infrastructure at a time when electricity demand from data centres is strengthening the case for firm, round-the-clock power.
The bigger picture
The nuclear sector is being repriced as growth infrastructure. Venture-backed reactor companies, utilities, governments and hyperscalers are all converging on the same question: how quickly can reliable low-carbon capacity be brought online?