Meshflow Acquisition to merge with HGP Intelligent Energy in deal valuing HGP at USD 800 million
MESH•Proceeds and planned uses
The transaction is expected to generate about USD 345 million of gross proceeds from Meshflow’s trust account, assuming no redemptions.
Cash is earmarked for qualifying and manufacturing variable-speed reactor coolant pumps, advancing digital-twin software, and nuclear site development and licensing work.
Definitive business combination announced
HGP Intelligent Energy reached a definitive business combination with Meshflow Acquisition Corp., creating Delaware holding company Leyte Parent as the public entity.
Deal terms set HGP at a pre-money equity value of USD 800 million, implying about USD 921 million enterprise value and about USD 1.2 billion equity value.
