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via seekingalpha.comBusiness & Companies

AEP, Amazon and X-Energy to evaluate 960 MW small modular reactor project in Indiana

FROM THE WIRE · SEEKINGALPHA.COM

[Electricity transmission towers with red glowing wires] peterschreiber.media/iStock via Getty Images American Electric Power (AEP [https://seekingalpha.com/symbol/AEP]) said Monday it reached an agreement with X-Energy (XE [https://seekingalpha.com/symbol/XE]) to jointly…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishNuclear power agreement with implications for utilities and small modular reactor developers.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01AEP and X-Energy will jointly evaluate the feasibility of a 960 MW project in Indiana.
  2. 02The site is a former coal plant in Sullivan County.
  3. 03X-Energy shares were up 9.8% pre-market.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
American Electric Power Company, Inc.AEPStock125.42 USD-1.23%today -1.35%Positive X-Energy, Inc. Class A Common StockXEStock10.53 USD-3.48%today +1.64%Positive Amazon.com, Inc.AMZNStock260.13 USD+1.35%today +4.05%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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