Morgan Lewis Advises Crescent Cove in Financing for Valar Atomics

NEW YORK and LOS ANGELES, August 4, 2026: Morgan Lewis represented Crescent Cove, a lender to Valar Atomics, in connection with a credit facility for Valar Atomics, which is developing nuclear energy technology designed to help meet growing demand for reliable, abundant power. The financing was announced in connection with Valar Atomics’ closing of a $1 billion Series B financing and $200 million in debt financing. The equity financing included participation from existing and new investors.

Partners Jon English and David Chang and associate Kenny An advised Crescent Cove, with partners Timothy Matthews and Carl Valenstein; of counsel Brian Slough; and associate Brian Melton.

For more, read the announcement.