Sign in

    Esteban Mario Albarracin

    Research Analyst at TD Cowen

    Esteban Mario Albarracin is a Research Analyst at TD Cowen, specializing in the coverage of alternative energy, utilities, and related infrastructure companies, including names like NuScale Power Corporation. He has built a reputation for deep sector expertise and insightful equity analysis, often participating in high-profile earnings calls and industry discussions. Beginning his finance career after joining BlackRock Investments, Albarracin moved to Cowen and Company in 2022, continuing his role after the firm's integration into TD Securities, and holds BrokerCheck credentials under CRD# 6964513. He maintains active securities licenses and FINRA registration, reflecting a strong commitment to professional standards and regulatory compliance.

    Esteban Mario Albarracin's questions to NUSCALE POWER (SMR) leadership

    Esteban Mario Albarracin's questions to NUSCALE POWER (SMR) leadership • Q4 2024

    Question

    Esteban Mario Albarracin, on behalf of TD Cowen, asked for clarification on the 12 modules in production, the expected revenue cadence from the RoPower FEED study, and any updates on pursuing the $800 million U.S. grant for Gen 3 reactors.

    Answer

    President and CEO John Hopkins explained that ordering long-lead items for 12 modules is a strategic move to compress delivery timelines for the first customers, with RoPower being a leading candidate. CFO Robert Hamady clarified they are manufacturing long-lead materials, not full reactors, and they are not yet assigned to a specific customer. Regarding revenue, Mr. Hopkins noted it was front-loaded but would continue through 2025, declining to give specific guidance. On the grant, both Mr. Hopkins and Commercial Officer Clayton Scott stated they are cautiously evaluating whether to pursue it.

    Ask Fintool Equity Research AI