TerraPower

John Gilleland, CEO of Terra Power, returned to his office after a lengthy meeting with potential investors. It was October 2012, and Terra Power was in the process of raising a $ 200M Series C round to finance the development of next-generation nuclear reactor. Although early in the fundraising process presented Gilleland that this latest interview similar discussions with other interested cleantech growth was equity investors. The discussions revolved around a common theme … Read more »

John Gilleland, CEO of Terra Power, returned to his office after a lengthy meeting with potential investors. It was October 2012, and Terra Power was in the process of raising a $ 200M Series C round to finance the development of next-generation nuclear reactor. Although early in the fundraising process presented Gilleland that this latest interview similar discussions with other interested cleantech growth was equity investors. The discussions revolved around a common theme: “This is the greatest idea ever imagined love meeting with our partners, we, what you do, but it is not right for us as an investment ..” Outside the acquisition of typical growth equity and infrastructure funds, could Gilleland partners with government and / or form a joint venture with an existing nuclear power player. Reliance Industries as an investor in Terra Power could provide an entry into the fast growing Indian market. At the same time Gilleland and gates had spoken with China National Nuclear Corp. about a possible collaboration with Terra Power. Who is calling Gilleland next?
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from
William A. Sahlman,
Ramana Nanda,
Joseph B. Lassiter,
James McQuade
Source: Harvard Business School
23 pages.
Release Date: 20, November 2012. Prod #: 813108-PDF-ENG
Terra Power HBR case solution