The first World Nuclear Investment Guide unveiled

Hi, Alex.

Thank you.

Lola, could we start with a bit of the thinking behind the plan for producing the Nuclear Investment Guide?

Of course.

So thank you, thank you again, and hi again, Alex and Ananya.

So as you just said, uh, the guide is meant to bring the nuclear and finance industries together to try to move forward the nuclear financing challenge.

As we all know, financing is a key piece of the equation, so again, thank you so much for having us and having given us the opportunity to talk about it.

So yes, the genesis of the guide happened last September during the Financial Summit, which is part of the World Nuclear Symposium, where we heard loud and clear from the financial community and the nuclear industry on two related things.

One, that there was a structural gap, a disconnect between the two industries that needed to be bridged.

And two, that we needed to demystify nuclear and start seeing it as just another infrastructure asset class.

Uh, so the core of the problem is that if we are to scale nuclear and to triple capacity by twenty fifty, which we need to meet our electrification, environmental, and security challenges a- and goals, then we need to unlock investment.

We hear more and more that the challenge to scaling nuclear is really not technical, it is financial.

But I, I'd love to hear from Ananya, uh, later, but it is really not the lack of capital in global markets or the lack of interest from banks or investors.

We're seeing more and more, uh, interest in, in nuclear projects from, from the sector.

The issue really is from where we sit, what we see is the lack of commitment or interest in individual in, in real projects.

That's where the road meets the ...

the rubber meets the road, sorry, and the challenges do start arising.

So what we see in the finance community is that many are interested in, in nuclear, but they're not sure where or how to engage.

So what we want to do with, with the guide is to show them the different types of opportunities that are arising and that are available at different price points or risk levels, so they get the type of investment that they're interested in.

Others, on the other hand, they're, they're also interested and know where they think they want to invest, but lack the tools or the perspective on how to look at a nuclear asset or how to go about evaluating a, uh, the project.

So for them, we want to provide information that can help them develop frameworks and standardized tools that can facilitate their decision-making.

So the guide is trying to address that gap by providing information that we think both industries need.

So that's the why.

That's what you asked me.

But let me just add two more sentences on the how, uh, how we're going about this guide, because I think it's also pretty unique.