Centrus Energy to Join S&P SmallCap 600 Before Piketon Expansion, $900M DOE Order
LEU•Centrus Energy will join the S&P SmallCap 600 index before trading on July 14, reflecting its role in restoring U.S. uranium enrichment. Late last year it launched domestic centrifuge manufacturing for its Piketon expansion, backing a multi-billion-dollar project and a $900 million DOE task order.
1. S&P SmallCap 600 Inclusion
Centrus Energy Corp will join the S&P SmallCap 600 index prior to trading on July 14, replacing Whitestone REIT. This marks a milestone reflecting the company’s growth as a U.S. nuclear fuel supplier and increases its visibility among small-cap investors.
2. Piketon Plant Expansion
Late last year Centrus initiated domestic centrifuge manufacturing to support its uranium enrichment plant expansion in Piketon, Ohio, which is expected to create thousands of jobs and represents a multi-billion-dollar infrastructure project intended to meet growing LEU and HALEU demand.
3. DOE Task Order and Growth Outlook
Centrus recently finalized terms for a competitively awarded $900 million task order from the U.S. Department of Energy, underscoring its role in national energy security and funding further capacity expansion for nuclear fuel production.
