Hilco is seeking offers to acquire the business and assets of Moltex Energy Limited (In Administration) (the “Company”) and/or shares in the Company’s subsidiaries, MoltexFlex Limited and MoltexEnergy Canada Inc (together, “Moltex Energy”), on behalf of the Joint Administrators of the Company, Jonathan Amor and Richard Oddy of Azets LLP.
As the world transitions away from fossil fuels, Moltex Energy offers an innovative solution to provide clean, affordable, and scalable energy.
Founded with the mission to make nuclear energy more cost-effective, Moltex Energy is developing small modular reactors (SMRs) based on a unique molten salt reactor design. Moltex Energy’s innovative design overcomes long-standing challenges in commercialising molten salt reactors, have long been recognised for their high potential. Both of Moltex Energy’s reactor types are built on this breakthrough concept. Another key innovation is the Waste to Stable Salt (WATSS) process technology which is designed to reduce the lifetime and toxicity of spent nuclear fuel. WATSS has the potential to save billions in long-term disposal and storage costs while also producing fuel for the Stable Salt Reactor – Wasteburner (SSR-W), and other molten salt reactors. Together, these technologies provide a pathway to cleaner, safer, and more affordable nuclear energy. Additionally, GridReserve, a molten salt-based energy storage solution, enables the dispatch of two to three times the reactor’s base capacity when needed, helping reduce the reliance on battery storage and supports the integration of intermittent renewable energy sources into the grid.
The two subsidiaries MoltexFlex Limited and Moltex Energy Canada Inc (MEC) each have a licence for the underpinning patents for this reactor technology and commercialise separate non-competing reactor designs using this IP. WATSS, developed by Moltex Energy Canada Inc, addresses the challenge of nuclear waste by converting spent fuel into stable salt, offering a safe and scalable solution for waste disposal. Moltex Energy’s technologies are being developed by its two subsidiaries. Moltex Energy Canada Inc is advancing the SSR-W and the WATSS technology, while MoltexFlex Limited, the Company’s UK-based subsidiary, is developing the FLEX Advanced Modular Reactor (FLEX). The subsidiaries, together with their respective technologies and intellectual property, are assets of Moltex Energy and available to acquire.
The FLEX reactor designed for scalable global deployment for dispatchable electricity and industrial heat. FLEX’s independent cost estimates show that is has the potential to produce electricity at below $38/MWh and heat at $12/MWh, and its modular design allows scalability and reliable operation for heavy industrial users. FLEX is fuelled by commercially available low enriched uranium, and there are no specific supply chain challenges. The relatively low development cost make this technology an excellent choice for heavy energy users seeking to decarbonise.
Moltex Energy Canada Inc is developing the SSR-W, which focuses on consuming nuclear waste from conventional reactors. It can generate up to 500MWe, and produces electricity as low as £40/MWh. Moltex Energy Canada Inc is also developing the WATSS process which has recently been validated with real used nuclear fuel and presents a step change in efficiency of used fuel recycling, converting any existing commercial used fuel into fuel for any molten salt reactor, reducing waste liability by billions, creating fuel to the value of hundreds of billions globally and avoiding the need to mine new uranium. These technologies are being developed for a first site at Point Lepreau in New Brunswick, Canada in partnership with NB Power. Moltex Energy Canada Inc’s subsidiary in the USA, Moltex Energy USA LLC supports US deployment of its technologies and administers several projects co-funded by the US DOE and ARPA-E, primarily with Argonne National Laboratory.
Moltex Energy’s technologies have been extensively developed with input from key partners, including the UK and Canadian Governments and New Brunswick Power in Canada. MEC has secured strategic partnerships with organisations like AtkinsRéalis and New Brunswick Power, while MoltexFlex Limited has signed an MoU with ENEC to progress deployment of the FLEX reactor in the UAE and internationally. These partnerships show serious backing for the technology and highlight Moltex Energy’s potential to deliver scalable, sustainable energy solutions, leveraging its reactors and WATSS process to meet global energy needs.
Over the past 14 years, Moltex Energy has invested substantial resources in research and development, including the proof of concept for its reactors and waste recycling technologies, as well as the engineering and technical designs and plans required to scale up production. Moltex Energy Canada Inc raised $30 million for technology development and was granted CAD $47.5m from the Canadian Strategic Innovation Fund, demonstrating confidence in the technology’s future.
The global market for SMRs and spent fuel recycling is expected to grow significantly, driven by the increasing demand for clean energy solutions and the desire to sustainably address nuclear waste. With Moltex Energy’s technologies positioned as part of the solution, this represents an enormous opportunity for potential acquirers to tap into the growing market for low-carbon energy and nuclear waste management.
Moltex Energy has built a strong reputation as a forward-thinking and trusted name in the nuclear energy sector, particularly in the development of clean and sustainable energy solutions.
Moltex Energy’s internationally recognised brand is synonymous with environmental responsibility and technological advancement. The Company’s commitment to providing affordable, clean energy has positioned it as a leader in its field. For 14 years, the brand has garnered attention through its high-profile partnerships with key industry players, such as ENEC, AtkinsRéalis, Argonne National Lab, New Brunswick Power, and its support from multiple governments.
The brand’s profile has been further elevated by strategic collaborations that highlight its ability to provide scalable solutions to some of the world’s most pressing energy and sustainability challenges. Moltex Energy’s work with New Brunswick Power on the deployment of SSR-W reactors and the WATSS process showcases the Company’s potential to contribute to global efforts in reducing nuclear waste and providing cleaner, more efficient energy alternatives.
Recognition from the nuclear energy and clean technology sectors, coupled with its involvement in pioneering initiatives, reinforces Moltex’s credibility and solidifies its status as an industry leader. The brand has received positive media coverage for its pioneering approach to nuclear power and its role in advancing global sustainability goals, further cementing its reputation as a reliable and forward-thinking partner.
Moltex Energy’s legacy of strategic partnerships, innovative technology, and industry recognition positions its brand as a valuable asset for any buyer looking to align with a trusted name in the clean energy and sustainability sectors.
Moltex Energy holds rights in a registered UK trade mark protecting the “Moltex” brand name. Additionally, there is a registered trade mark in the name of Moltex Energy LLP, specifically related to the GridReserve solution, which may be available to acquire.
Full details on the Company’s trade marks are available via the virtual data room.
Available to acquire are the rights to the three technologies (WATSS, SSR-W and FLEX), supported by 89 patents in 19 patent groups, and extensive protected data.
Moltex Energy holds an extensive portfolio of patents that protects its core technologies. Key patents include innovations related to small modular reactors (SMRs) and nuclear fuel recycling technologies, which are central to its technologies. Among the patents is an internationally granted patent for a molten salt reactor that does not require circulating fuel around the power plant (the Stable Salt Reactor being an example). Moltex Energy also holds international patents for corrosion control, shutdown mechanisms and fission product management. Additionally, Moltex Energy has patents covering various reactor components and energy systems designed to enhance safety and efficiency, such as advanced heat exchange mechanisms and fuel handling processes.
Moltex Energy Canada Inc kept the WATSS technology as a trade secret until early 2025 when it filed nine separate patents relating to the waste recycling technology. Moltex Energy Canada Inc owns all data related to the SSR-W, has ownership rights to some Moltex Energy patents and a licence to exploit the other patents.
Full details on the Company’s patents, including granted and pending applications across multiple jurisdictions, are available via the virtual data room.
Moltex Energy holds a comprehensive and well-organised repository of organisational knowledge and know-how that supports its innovative nuclear energy and waste management technologies. The extensive portfolio includes detailed engineering designs, technical drawings, and operational data accumulated over years of research and development.
The primary moltexenergy.com domain name is available to acquire.
Moltex Energy owns the copyright in the website content hosted at https://moltexenergy.com, showcasing the business and its innovative nuclear energy technologies.
Rights in social media accounts are also available to acquire across LinkedIn and Twitter/X.
Full details on the Moltex Energy social media accounts are available via a virtual data room.
Moltex Energy has established contacts with the customers and partners it has collaborated with, including names and contact details of key individuals where available.
Moltex Energy holds data on its key suppliers.
Moltex Energy operates through a network of subsidiary companies dedicated to the development and commercialisation of its key technologies. As part of this acquisition opportunity, shares in MoltexFlex Limited and Moltex Energy Canada Inc are available for purchase, providing the opportunity to gain control over the entities that are driving the global deployment of Moltex’s innovative technologies.
Detailed information on the structure, operations, and focus of these subsidiaries is available via the virtual data room.
Under Offer
All offers should be submitted to Hilco. Hilco will be on hand to facilitate access to the relevant stakeholders and materials where possible to satisfy outstanding diligence requests.
Hilco is acting as agent to the Company and its Joint Administrators in connection with the proposed sale of some or all of the Company’s assets. The Joint Administrators act as agents of the Company and without personal liability.
All sales are made strictly on an “as is, where is” basis. Only such right, title and interest (if any) as the Company may have in the assets will be transferred to a purchaser. No warranties, guarantees, or representations (express or implied) are provided by the Company, its Joint Administrators or Hilco in respect of the assets or any information supplied. All parties must rely on their own enquiries and due diligence. Any information provided is for convenience only and has not been independently verified.
All offers are subject to the addition of VAT at the prevailing rate, where applicable. A non-refundable deposit equal to 20% of the agreed purchase price must be paid by the successful purchaser within 48 hours of offer acceptance, granting the purchaser the exclusive right to proceed with the acquisition of the relevant assets for a limited period.
Legal completion must occur within five (5) business days of offer acceptance, unless otherwise agreed in writing by the Company and its Joint Administrators.
Associate Director
Manchester Office
