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Reg A+TRL76.4–7.5Tier IIOpen

Great Lakes Atomic

Bridgman Units 1 and 2 Completion

Senior notes on 2,260 MWe of gigawatt-scale capacity where the containment concrete was poured in 1982.

Two units were 62% and 41% complete when the program was canceled in 1982. The containment structures, cooling water intake and switchyard already exist, and the site has an operating history and a community that wants the jobs back. Completing abandoned construction is the cheapest gigawatt anyone can buy, provided the concrete passes inspection, which is what the first tranche paid to establish.

Bridgman Generating Station · Bridgman, MIConstruction permit issuedEscrow: Meridian Trust, N.A.
TRL 7 of 9, band 6.4 to 7.5, signed by Dr. Helena Vargas-Mbeki, PE, Nuclear; former NRC senior reactor analyst, on Jun 10, 2026.See the evidence it rests on

Running concurrently over the same project

Rule 152 permits an issuer to run more than one offering at the same time. The same reactor backs both, on different rails, with different eligibility.

$52,875,000 committed of $75,000,000

$37,012,500 released · 71% subscribed

Released to the issuerCommitted, held in escrowRemaining
Minimum
$1,000

$100 per unit

Target coupon
6.95%

Annual, fixed

Term
10 yr
Investors
5,741

Closes March 31, 2027 · 199 days remaining

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  • Eligibility depends on residency, accreditation status and how much you have already invested this year.
  • You can read everything about this offering without an account. Committing capital requires one.
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No money will move

No payment processor is connected. The commitment flow runs end to end, through amount, agreement, signature and receipt, and records a simulated position rather than a charge.

Capital release schedule

1 of 3 rungs released

Release is structured as staged closings rather than withheld proceeds. Amounts shown are cumulative against the $52.9M committed to this offering.

  1. Structural assessment accepted

    Capital released
    TRL target
    TRL 7
    Cumulative release
    70% · $37,012,500
    Certified
    May 6, 2026

    Verified by: Independent structural assessment; NRC docket amendment accepted

    Certifier: Thornbury Technical Certification

  2. Reactor vessel delivery and set

    Pending
    TRL target
    TRL 8
    Cumulative release
    90% · $47,587,500
    Target
    September 30, 2029

    Verified by: Delivery acceptance and independent installation certification

  3. Commercial operation, Unit 1

    Pending
    TRL target
    TRL 9
    Cumulative release
    100% · $52,875,000
    Target
    June 30, 2033

    Verified by: Operating license; commercial operation date certificate

Committed
$52,875,000

Held by the escrow agent on subscription

Released to the issuer
$37,012,500

70% of committed capital

Still escrowed
$15,862,500

Unlocks on the next certification

Escrow agent: Meridian Trust, N.A.. Certification is performed by an independent party with no economic interest in the release.