Partnership to produce up to 6 gigawatts of electricity
By Global Infrastructure Sherpa · Feb 23, 2026
The Tennessee Valley Authority entered into a non-binding agreement with Entra1 and NuScale to produce up to 6 gigawatts of electricity.
Deal Analysis
The Tennessee Valley Authority (TVA), Entra1 Energy, and NuScale have announced a partnership to potentially develop up to 6 gigawatts of nuclear electricity generation capacity. This non-binding agreement signifies a significant commitment to exploring advanced nuclear technology as a key component of future energy supply. While the financial details remain undisclosed, the partnership aims to leverage the expertise of each party to advance the development of nuclear power, with Entra1 Energy focusing on energy projects and Baseload Power Japan investing in infrastructure, particularly in energy and utilities.
- Potential for 6 GW of new nuclear capacity.
- Involves a major utility (TVA) and specialized energy developers (Entra1 and NuScale).
- Focus on nuclear technology, a sector experiencing renewed interest.
- Partnership with Baseload Power Japan, an infrastructure investor.
Market Context: The energy sector is currently undergoing a transition towards cleaner and more reliable energy sources. Nuclear power is being re-evaluated as a potential solution for baseload power generation, offering a low-carbon alternative to fossil fuels. This deal reflects the growing interest in advanced nuclear technologies to meet increasing energy demands.
Source Intelligence
KEY DETAILS
The deal triggered a $495 million payment to Entra1 from NuScale under the terms of a partnership milestones agreement. Quote: That deal alone triggered a $495 million payment to Entra1 from NuScale under the terms of a partnership milestones agreement the two companies struck the previous month—roughly five times what the company held in total assets as of late 2024, according to a UK regulatory filing.
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Deal Size
A newly created energy company with deep ties to Trump donors is reportedly in the running for a $25 billion nuclear contract.
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Capacity
In September, the Tennessee Valley Authority entered into a non-binding agreement with Entra1 and NuScale to produce up to 6 gigawatts of electricity.
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Location
appears to operate from a WeWork co-working space in Houston, Texas, according to Politico
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Financials
NuScale—a publicly traded nuclear company with a market value exceeding $4 billion
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Announcement
Published Feb. 23 2026 10:21AM EST
PARTIES MENTIONED IN SOURCE
E
Entra1 Energy
developer
"In September, the Tennessee Valley Authority entered into a non-binding agreement with Entra1 and NuScale to produce up to 6 gigawatts of electricity."
N
NuScale
developer
"In September, the Tennessee Valley Authority entered into a non-binding agreement with Entra1 and NuScale to produce up to 6 gigawatts of electricity."
T
Tennessee Valley Authority
buyer
"In September, the Tennessee Valley Authority entered into a non-binding agreement with Entra1 and NuScale to produce up to 6 gigawatts of electricity."
medium quality
Enriched Feb 24, 2026
Market Context
This deal is part of the Nuclear sector in null.
1 of 62 Nuclear deals tracked this month · Updated daily
Global Infrastructure Sherpa