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TerraPower Announces $750 Million Secured in Fundraise

Retrieved on: 
Monday, August 15, 2022

TerraPower, a leading nuclear innovation company, announced today the close of an equity raise that yields a minimum of $750 million.

Key Points: 
  • TerraPower, a leading nuclear innovation company, announced today the close of an equity raise that yields a minimum of $750 million.
  • The fundraise was co-led by SK Inc. and SK Innovation (collectively, SK) and TerraPowers founder Bill Gates.
  • This fundraise enhances TerraPowers groundbreaking work in advanced nuclear energy technologies and nuclear medicine.
  • TerraPower is committed to solving some of the toughest challenges that face this generation through innovation, said TerraPower President and CEO Chris Levesque.

H-E-B expanding in Temple, TX with planned frozen distribution center

Retrieved on: 
Wednesday, June 29, 2022

TEMPLE, Texas, June 29, 2022 /PRNewswire/ --Temple Economic Development Corporation (Temple EDC) today announced that H-E-B, the San Antonio based supermarket chain, will be expanding their Temple, Texas distribution facilities with a new automated frozen distribution line.

Key Points: 
  • TEMPLE, Texas, June 29, 2022 /PRNewswire/ --Temple Economic Development Corporation (Temple EDC) today announced that H-E-B, the San Antonio based supermarket chain, will be expanding their Temple, Texas distribution facilities with a new automated frozen distribution line.
  • Pending final negotiations with Temple EDC and the City of Temple the project will grow H-E-B's current facility footprint by 325,000 sq.
  • "It is our privilege to continue to work with H-E-B as they grow their presence in Temple, Texas" said Adrian Cannady, President and CEO of Temple Economic Development Corporation.
  • This expansion project, paired with Temple's strategic location and immediate access to I-35, will work to strengthen H-E-B's operations in Texas."