Blue Energy has raised $380 million to build what it describes as the world’s first project-financeable nuclear power plant, using a prefabricated design compatible with leading reactor technologies and targeting a 48-month construction timeline. CEO Jake Jurewicz characterized the effort as building a nuclear product designed to scale. The phrase “project-financeable” is doing significant work in this announcement. Conventional nuclear construction has been chronically unable to attract project finance—debt secured against the cash flows of the plant itself rather than the balance sheet of a large utility—because cost overruns, timeline uncertainty, and regulatory complexity make the risk profile unacceptable to lenders.