Month: September 2016

NB Power Joins Terrestrial Energy’s Corporate Industrial Advisory Board

  OAKVILLE, ON – September 26th, 2016 – NB Power, a government-owned electric utility company, has joined the Corporate Industrial Advisory Board (the “CIAB”) of Terrestrial Energy, a vendor of advanced nuclear power plants. NB Power is a Crown Corporation and the largest provider of electricity in the Canadian province of New Brunswick. NB Power […]

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Terrestrial Energy USA Has Been Invited By U.S. DOE to Submit Part II of It’s Application for Loan Guarantee Support to License and Build a 190 MW(E) IMSR™ Power Plant

NEW YORK, NY – September 13th, 2016 – Terrestrial Energy USA has been notified by the US Department of Energy (USDOE) that its Loan Programs Office (LPO) has evaluated Part I of Terrestrial Energy USA’s application for a loan guarantee, and invited the Company to submit Part II of the application. The Company plans on […]

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Duke Energy Joins Terrestrial Energy’s Corporate Industrial Advisory Board

  NEW YORK, NY – September 12th, 2016 – Duke Energy has joined the Corporate Industrial Advisory Board of Terrestrial Energy, a vendor of next-generation nuclear power plants. Duke Energy is the largest electric utility company in the United States, and owns and operates six nuclear power stations in North and South Carolina.  It joins […]

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Terrestrial Energy Surpasses CAD $20 Million Financing Milestone for IMSR Development

NEW YORK, NY / OAKVILLE, ON – September 7th, 2016 – Terrestrial Energy, a developer of Advanced Nuclear power plants, today announced that it has secured CAD $22.5 million (USD $17.2 million) of financing since inception, of which $5.3 million (USD $4.0 million) was raised in August 2016 to close its Series A funding.  Today’s […]

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