Smart BD Client, X-energy, Awarded $148.5 Million Investment Tax Credit for First-of-a-Kind TRISO-X Fuel Fabrication Facility

We congratulate our client, X-energy, on a $148.5 million tax credit award, for the construction by its wholly-owned subsidiary, TRISO-X LLC (“TRISO-X”), of a first-of-a-kind advanced nuclear fuel fabrication facility (“TX-1”) in Oak Ridge, Tennessee. Funded by the Inflation Reduction Act of 2022, the award is part of the Qualifying Advanced Energy Project Tax Credit (48C) program jointly administered by the U.S. Department of Energy (“DOE”), the U.S. Department of the Treasury, and the Internal Revenue Service (“IRS”).

Smart BD Consulting provided a proposal manager, technical editing, desktop publishing and graphics support to X-energy to help them secure this award. While this was not a typical Federal Government proposal, Smart BD was able to help!

“Marina,
Your team – once again – exceeded my expectations. Thank you again for the terrific support and for Mark – hanging with us to the END.”
– Georgette A-M., VP Government Research and Development, X-energy.