A nuclear PPA is a 15–25 year bet on both sides. Reactor N scores sell-side delivery risk and pay-side credit risk across every US operator and hyperscaler buyer — and benchmarks the price against the NPPI. Diligence-grade, sourced to a public deal ledger.
Sell-side delivery risk and pay-side credit risk — contracted vs. merchant, by counterparty.
Counterparty risk scoring for operators (sell-side delivery risk) and hyperscaler buyers (pay-side credit risk), including neocloud and single-buyer concentration flags.
The NPPI — $97/MWh weighted, +18% YoY across 17 quality-scored deals — plus a live deal tracker and 72-hour disclosure alerts.
A PPA price calculator and open-source, MIT-licensed term-sheet templates — so your diligence team builds the comp band instead of waiting on a banker.
The index is built from a public ledger of disclosed and credibly-inferred PPAs, each quality-scored. You can see what's in the benchmark and why — the methodology is public.
Procurement, SMR developers, hyperscalers and analysts read the same number. When you cite the NPPI in an IC memo, the counterparty already knows it.
Tell us the operators or buyers you're underwriting. We'll send a tailored read on counterparty risk, the PPA comp band, and the contracted-vs-merchant picture — plus the live Q2 NPPI index.