Benchmark Initiates Coverage of Hennessy VII with Buy Rating and $17 Price Target

Benchmark initiated coverage of Hennessy Capital Investment VII with a Buy rating and $17 price target. ONE Nuclear is a pre-revenue, independent power producer providing energy solutions to datacenter, commercial and industrial customers with a phased gas/nuclear strategy that has identified three sites for potential development with a strategy to initially deliver energy with gas reciprocating engines, to eventually be replaced by nuclear power. Hennessy VII entered into a business combination agreement with ONE Nuclear on October 23, pursuant to which, following consummation of the transaction, the combined company is expected to be listed on Nasdaq under the ticker symbol "ONEN."