What was reported
The cooperative agreement for the program, signed in February 2021 (the “ARDP Agreement”), provides 50/50 cost share of $2.4 billion of eligible costs ($1.2 billion reimbursement) through 2027Regulator, government, developer and customer statements named in the Project Ledger · X-energy (SEC prospectus, 424B4) statement · Apr 23, 2026 · Open the source ↗
What the evidence supports
That X-energy (SEC prospectus, 424B4), the project's developer, published the quoted statement. It records "closed" for DOE Advanced Reactor Demonstration Program cooperative agreement, 50/50 cost share (covers the first Xe-100 plant and the TX-1 fuel facility, not this plant alone) under financing only. The amount is recorded as stated (USD 1.2bn).
What remains unknown
A closed facility alone establishes no draw. Whether the project is fully financed, and whether conditional money has closed or been drawn, unless the quoted passage says so.
Source passages
Exact excerpts from the source, with links. Quotes are checked character for character against our stored copy.
X-energy (SEC prospectus, 424B4) statementThe cooperative agreement for the program, signed in February 2021 (the “ARDP Agreement”), provides 50/50 cost share of $2.4 billion of eligible costs ($1.2 billion reimbursement) through 2027Regulator, government, developer and customer statements named in the Project Ledger · X-energy (SEC prospectus, 424B4) statement · Apr 23, 2026 · Open the source ↗
Revision history
- Revision 1 · Nov 11, 2026, 21:13 UTC
Long Mott Generating Station: DOE Advanced Reactor Demonstration Program cooperative agreement, 50/50 cost share (covers the first Xe-100 plant and the TX-1 fuel facility, not this plant alone) (closed)
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