Hennessy Capital Investment (HVII)-linked ONE Nuclear Energy said Tuesday it signed a letter of intent with Sunshine Partners to evaluate development of joint power generation projects in West Texas.
ONE Nuclear, which had entered a definitive deal for a business combination with Hennessy Capital Investment in October 2025, said the 18,275 acre expansive portfolio located in West Texas represents a significant energy infrastructure development opportunity.
The companies will jointly assess development pathways and commercial opportunities for the sites, aiming to deliver scalable power solutions to support long-term regional growth, according to a statement.