- ETFs Tracking The DAXglobal Nuclear Energy Index – ETF Fund Flow The table below includes fund flow data for all U.S. Listed Highland Capital Management ETFs. Total fund flow is the capital inflow into an ETF minus the capital outflow from the ETF for a particular time period.
- The US relies on nuclear power for roughly 20 percent of its total energy supply. As we work towards climate-friendly energy solutions, many people have touted nuclear power plants as a good way to reduce our carbon emissions. Uranium is essential for nuclear power plants to run.
Algonquin Power & Utilities Corp.: Algonquin Power & Utilities Corp. Is a Canada-based company that owns a portfolio of power generation and infrastructure assets in North America.Algonquin owns. With the growing demand for electricity, TerraPower entered the nuclear energy arena to lift billions out of poverty. Advanced reactors and other isotopic applications are possible with technology and enhanced computing capabilities that were unimaginable just a few decades ago. Perseverance: Powering Today’s Research For Tomorrow’s Communities On Mars With Nuclear. Today, after travelling nearly 300 million miles powered by solar panels, NASA’s Perseverance rover will set wheels on the Martian surface. After that, it will be powered exclusively by its nuclear power source.
Toshiba's disastrous foray into the U.S. nuclear business is coming to an end.
The Japanese conglomerate is selling Westinghouse, its beleaguered U.S. nuclear unit, for $4.6 billion to Canadian investment firm Brookfield Business Partners, the companies said.
'The decision to sell Westinghouse is good news for creditors, as well as our company,' Toshiba said Friday.
The collapse of Westinghouse cost Toshiba some $6.4 billion, forcing the storied Japanese company to admit its financial future was in peril.
The conglomerate has been offloading major assets in order to survive, including selling control of its highly regarded memory chip business to a group of investors that includes Apple(AAPL).
Toshiba(TOSBF) stock rose about 2%in Tokyo following the news of the Westinghouse deal.
The sale offers a fresh start for Westinghouse, which was forced into bankruptcy last year after suffering billions of dollars in losses from delays and cost overruns at nuclear plants under construction in Georgia and South Carolina.
In a statement announcing the deal on Thursday, Brookfield called Westinghouse a 'high-quality business' and an 'iconic American company.'
Brookfield said the deal will be funded by a mix of equity and long-term debt.
The acquisition 'reaffirms our position as the leader of the global nuclear industry,' Westinghouse CEO José Emeterio Gutiérrez said in a statement.
The deal, which still has to be approved by bankruptcy courts and clear regulatory hurdles, is expected to close in late 2018.
With the growing demand for electricity, TerraPower entered the nuclear energy arena to lift billions out of poverty. Advanced reactors and other isotopic applications are possible with technology and enhanced computing capabilities that were unimaginable just a few decades ago. At TerraPower, we are ready to build the clean energy of tomorrow – today.
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