Dow

FUNDINGAtlantic Alumina (ATALCO): DoW adds $100M follow-on preferred equity in Atalco, totaling $400M

The Department of War's Industrial Base Policy office, with the Economic Defense Unit, made a $100M follow-on preferred equity investment in Atlantic Alumina through the IBAS program, bringing DoW's total to $400M. About $350M in parallel private investment has been committed, with another $50M expected within 75 days, for a combined $800M public and private total.

LICENSING · LONG MOTT GENERATING STATIONNRC environmental review complete (no significant impact)

Seadrift, TX

FUNDING · COMPANY ROUNDCompany round: X-energy IPO (Nasdaq: XE)$1.0B

Closed · Company-level IPO proceeds

NRC · LONG MOTT GENERATING STATIONConstruction permit under review

The NRC completed its environmental assessment with a finding of no significant impact on May 18, 2026, and released the Final Safety Evaluation Report on October 30, 2026, concluding the site and plant provide a basis to begin construction. The construction permit decision is still listed as TBD, and the NRC's project page does not show a date for it.

FUNDING · LONG MOTT GENERATING STATIONGrant: DOE Advanced Reactor Demonstration Program$1.2B

Awarded · ARDP cost share for X-energy's first Xe-100 plant (amount approximate)