General Fusion completed its SPAC merger with Spring Valley Acquisition Corp. III on July 10, 2026, becoming the first publicly traded fusion company. Shares will begin trading on Nasdaq under GFUZ on Monday after an earlier $1 billion deal announcement that followed layoffs and a CEO funding plea, plus a new Italy deployment partnership with Renexia, though significant technical hurdles remain.
General Fusion is working to tap the atom-smashing reactions that power the sun in hopes of generating commercially viable amounts of electricity.
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Base Power has raised $1 billion to commercialize its new 39.2-kWh Core home battery that provides up to 36 hours of backup and installs in under an hour. The funding will speed deployment of a system three times larger than typical home batteries that also participates in virtual power plants.
DCC Energy has agreed to a £5.75 billion sale to KKR and Energy Capital Partners, offering shareholders £65.25 per share plus additional payments. The deal highlights surging foreign private equity interest in undervalued UK-listed firms, pushing 2026 M&A to a record $197 billion year-to-date.
Brookfield Asset Management will acquire Aypa Power from Blackstone-managed funds at an enterprise value of approximately US$7 billion, gaining a 6.5GW portfolio plus a development pipeline exceeding 20GW that is 95% contracted under 17-year average terms.
