The first pure-play SMR and the first pure-play enhanced-geothermal prospectuses land in the same week — both on Nasdaq, both JPM-lead left.

• X-Energy (XE) launched its roadshow April 15 — ~43M shares at $16–$19, a ~$685–$814M raise on Nasdaq. JPM/MS/Jefferies/Moelis book-running. Amazon anchors. The Xe-100 is a 320 MWe four-pack HTGR, still in NRC licensing. Pricing expected this week.

• Fervo Energy filed its S-1 April 17 — applied to list on Nasdaq as FRVO; shares and price range not yet determined. JPM left; BofA, RBC, Barclays on the cover. Cape Station (UT) under construction; Project Red (NV) has been delivering to Google since 2023.

• Superior Plus’s mobile-CNG subsidiary signed a 2.5-year agreement with a major hyperscale operator, in partnership with “a global leader in power generation solutions.” Deal covers ~135 MW of prime power, requires ~200 CNG transport trailers in rotation, and is worth ~$300M in revenue. Startup mid-2027, bridging to permanent pipeline.

• Rolls-Royce SMR and Great British Energy – Nuclear signed April 13 for three Rolls-Royce SMR units at Wylfa, Anglesey, North Wales. Combined output: 1.4 GWe. Separately, the National Wealth Fund committed £599M (~$805M) to Rolls-Royce SMR for reactor development. First-of-a-kind Western SMR reference plant at scale.

• Tenaska and the Tennessee Valley Authority signed a 20-year contract for the Bobwhite battery storage project in Hawkins County, TN — 225 MW / 900 MWh. $300M investment, construction starts 2027, COD late 2029.

• Enagás agreed to buy a 31.5% stake in Teréga, the French TSO, from Singapore’s GIC for €573M (announced with Q1 results). Teréga operates 5,100 km of transmission (16% of France’s gas grid) and 27% of national storage. Enagás guided ~€40M annual cash flow and ~€14M net income accretion across 2027–32. Q1 net profit: €56.9M, -12.7% YoY. Enagás also closed the sale of 40% of Enagás Renovable (separate transaction).

• Zanskar closed a $40M Development Capital Facility April 16, scalable to $100M, co-led by Just Climate and Spring Lane Capital, with Tierra Adentro Growth Capital. Non-recourse structure covers pre-construction activity. Four days earlier (April 13), Zanskar signed a GEODE Agreement with California Community Power for CA ISO-area exploration and offtake to CC Power’s CCA members. (Series C was $115M in January.)

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