Thursday, February 12, 2026 at 12:00 PM
Alva Energy, a nuclear-power startup, claims to have a solution for the industry's challenges in building reactors, aiming to add significant nuclear energy capacity to the U.S. grid with support from Pat Gelsinger's venture firm.
The reactor’s journey to Utah from California is part of the Trump administration’s push for more nuclear power.
The private-equity firm is set to reap a more than twofold gross return from the $4.7 billion sale of natural-gas fired power plants backed by the new fund.
The hedge fund has been speaking to the company and supports CEO Mike Lyons.
EQT Chief Executive Toby Rice is starting a nonprofit to tackle a lack of access to modern energy infrastructure in poor nations.
