Michelle Urben, The Synergos Fund: Capital, Fuel and Nuclear’s Next Era

I'll go back to something you shared earlier around patient capital.

I mean, all of the above, right? I mean, we've been talking about a complex industry in nuclear, right?

But even one of our other companies is in waste to energy, right? You need to build in the most complex regulatory market in the U.S.

for this to be a solution behind the meter solution to be used in other states, right? Much less go abroad, right? So in this situation, the plan is to build in California.

But there is such a need.

for this.

But you're going to need to go through the actual build out.

You're going to need to go through regulatory requirements.

We haven't even spent the time talking about supply chains.

Building out these plants require materials that we don't have enough of.

Right.

Steel is going to be in large demand.

Whatever we say, we're going to need a lot of it.

But also we're going to need to be smart with how we deploy this.

I mean, we talk a lot about the demand and what's pulling all of it.

But, you know, we need patient capital to go to the right place.

Yeah.

We needed to go to building that infrastructure for the energy.

These data center build-outs, there is a need for processing data.

It is just part of the world we live in.

It's evolution.

But with that power, things will fall apart and disappear.

Technology developments will slow down.

Electricity prices will keep going up.

So for investors, we want to show them that every dollar means something.