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flag Indiana and First American Nuclear plan to build the first U.S. closed-fuel cycle nuclear park using SMRs, aiming to recycle waste and power 1.5 million homes.

flag First American Nuclear and Indiana have announced plans to build the first U.S. closed-fuel cycle nuclear energy park in Indiana, centered on the EAGL-1 small modular reactor using lead bismuth coolant. flag The project, expected to create 5,000 jobs, aims to recycle spent fuel on-site, eliminate 97% of long-lived nuclear waste, and generate 240 megawatts per unit—enough to power 1.5 million homes. flag The facility will include manufacturing and a cluster of reactors, with plans to repurpose former coal plants. flag Gov. flag Mike Braun and state officials support the initiative as a step toward energy independence and economic growth, while concerns remain over costs and SMR viability.

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