Nuclear
Holtec Postponed Its IPO. Then a Problem at Its Nuclear Plant Became Public.
Holtec postponed its proposed IPO. Four days later, it disclosed that a fuel assembly had tilted during loading at the Palisades reactor, pausing the work while it develops a retrieval plan that Holtec says…
Holtec postponed its proposed IPO. Four days later, it disclosed that a fuel assembly had tilted during loading at the Palisades reactor, pausing the work while it develops a retrieval plan that Holtec says will be submitted to the NRC for approval through a license-amendment request. Holtec Nuclear Corp. filed to sell 50 million Class A shares at an expected…