Nuclear Fund Project Database

The Tennessee Department of Economic and Community Development (TNECD) is committed to an open and transparent government. This searchable database is designed to better assist the public in accessing project data for the Nuclear Energy Supply Chain Investment Fund.

The Nuclear Energy Fund was created in 2023 by Governor Bill Lee and approved by the Tennessee General Assembly. The $70 million fund aims to expand the state’s nuclear development and manufacturing ecosystem by providing grants and assistance to support nuclear energy business investment, workforce development programs, and site development across Tennessee.

Organization	Announced Date	City	County	Grant Amount	Project Description	Status
Oklo Inc	9/4/25	Oak Ridge	Roane	$13,000,000	Oklo Inc will invest $1.68 billion to establish a reactor and fuel recycling facility and a high performance fuel manufacturing and research center in Oak Ridge. This project will create 812 new jobs. Oklo is a clean power technology company on a mission to develop, own, and operate nuclear energy production facilities that produce reliable, affordable, clean energy at a global scale.	Pending
City of Oak Ridge	9/4/25	Oak Ridge	Roane	$2,968,000	The estimated value of 166.31 acres at the Heritage Center in Oak Ridge. The state of Tennessee working with the City of Oak Ridge, intend to facilitate the acquisition and transfer of the property to Oklo Inc pending General Service Administration and Department of Energy approvals.	Pending
Master Machine, LLC	4/25/25	Chattanooga	Hamilton	$264,000	Master Machine will invest $11.7 million to expand their existing facility and create 44 jobs. Master Machine specializes in system design and manufacturing primarily for nuclear-focused industries.	Pending
BWXT Enrichment Operations, LLC	4/15/25	Oak Ridge	Roane	$715,000	BWXT plans to establish a facility for the manufacturing of centrifuge assemblies in Oak Ridge, TN. As part of the project, BWXT plans to create at least 60 new jobs and invest at least $45 million in a new facility. The site in Oak Ridge is part of BWXT’s long-term plans to support fuel production for the National Nuclear Security Administration’s (NNSA) defense program mission.	Pending
Tennessee Tech University	10/15/24	Cookeville	Putnam	$1,083,444	Supports Tennessee Tech’s start-up of a new Bachelor of Science in Nuclear Engineering program in their College of Engineering by funding 2-year total cost for three critical personnel to launch and operate the program, including director, assistant professor and technician.	Contracted
Orano USA LLC	9/4/24	Oak Ridge	Roane	$6,000,000	Company will construct a new, multi-billion-dollar, state-of-the-art centrifuge uranium enrichment facility and create more than 300 new direct jobs.	Pending
Oak Ridge / Roane County	9/4/24	Oak Ridge	Roane	$5,000,000	Infrastructure improvements at the SSP-2 site in Oak Ridge. This funding is contingent on the successful land transfer from the Department of Energy to Orano USA and Orano USA receiving licensing approval from the Nuclear Regulatory Commission for operation on the site.	Pending
University of Tennessee Knoxville	4/22/24	Knoxville	Knox	$1,500,000	Funding for the establishment of a nuclear engineering minor program and for faculty to provide nuclear technical training and assistance to teachers and faculty across the state.	Contracted
Roane State Community College	4/22/24	Harriman	Roane	$462,000	Equipment purchases for education and training for Roane State Community College’s inaugural nuclear technology career pathway program.	Contracted
Type One Energy Group, Inc.	2/21/24	Clinton	Anderson	$4,500,000	Company commits to creating 330 new jobs and making a capital investment of $223.5 million.	Contracted