A newly created energy company with deep ties to Trump donors is reportedly in the running for a $25 billion nuclear contract.
The firm, Entra1 Energy, has yet to bring a single nuclear project to completion, employs fewer than five people, and appears to operate from a WeWork co-working space in Houston, Texas, according to Politico.
Yet it was shortlisted last October in partnership with NuScale—a publicly traded nuclear company with a market value exceeding $4 billion—to build new energy infrastructure using a slice of the $550 billion Japan pledged to the Trump administration to avoid the president’s tariffs.
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