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[Nuclear energy company HGP plans to go public through SPAC, specifically to provide "flexible power supply" for AI data centers] On September 8, people familiar with the matter revealed that HGP Intelligent Energy plans to go public through a special purpose acquisition company (SPAC). The transaction values the nuclear energy service company at approximately US$1.2 billion. The company's technology is designed to enable nuclear reactors to flexibly adjust power in response to real-time fluctuations in power demand from artificial intelligence (AI) data centers. People familiar with the matter also said that the company will also provide the same peak shaving services to local power grids.
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