Braun, Eli Lilly Sign Nuclear Energy Letter of Intent
Summary
Governor Mike Braun signed a Letter of Intent with Eli Lilly and Company to explore collaboration on nuclear energy solutions in Indiana, including small modular reactors and advanced nuclear technologies. The agreement supports the state's energy affordability agenda aimed at bringing new power supply to the grid. This is a non-binding exploratory agreement, not binding legislation or regulation.
What changed
Governor Braun signed a Letter of Intent with Eli Lilly and Company to explore collaboration on nuclear energy solutions including small modular reactors and advanced nuclear technologies. The agreement is part of Indiana's energy affordability agenda to bring new power supply to the grid.
This is a non-binding exploratory document with no regulatory force. It creates no compliance obligations for any party. The announcement is informational, marking a policy partnership between the state and a major Indiana employer to potentially develop nuclear energy infrastructure.
Archived snapshot
Apr 16, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
Gov. Mike Braun Signs Nuclear Energy Letter of Intent with Eli Lilly and Company
Thursday, April 16, 2026
About this Event
Add to calendar FOR IMMEDIATE RELEASE
Thursday, April 16 2026
Gov. Mike Braun Signs Nuclear Energy Letter of Intent with Eli Lilly and Company
INDIANAPOLIS, Ind. – Today, Governor Braun signed a Letter of Intent with Eli Lilly and Company to collaborate on a future pathway for nuclear energy solutions in Indiana, including small modular reactors and other advanced nuclear technologies.
A major component of Governor Mike Braun’s energy affordability agenda for Hoosier families is bringing new power supply to the grid, including nuclear energy. Governor Braun’s vision is to make Indiana the premier location to invest and build new nuclear energy, because when we produce more energy, prices for Hoosier households come down.
“Indiana is leading on nuclear power, because more energy means lower energy prices for Hoosier families. Today, I'm proud to enter into this partnership with Lilly to explore how we can collaborate on making Indiana the nation’s nuclear energy leader.” — Governor Mike Braun
"For 150 years, Lilly has grown alongside Indiana. Advanced nuclear technology represents the kind of bold, clean energy solution our state needs to power the next generation of innovation, and it directly supports Lilly’s own commitment to reduce our environmental footprint. We're proud to partner with the state to help make it a reality.” – Lilly Chair and CEO Dave Ricks
The purpose of the Letter of Intent between Lilly and the State of Indiana is to establish a framework for collaboration to:
Explore and evaluate the technical, economic, regulatory, and environmental feasibility of nuclear energy solutions in Indiana.
Consider potential structures for future procurement and deployment, including potential public private approaches, ownership and operating concepts, and power purchase arrangements.
Support long-term energy reliability, resilience, economic development, industrial growth, workforce development, and emissions reduction goals in Indiana.
The signed Letter of Intent may be found HERE.
Griffin Reid
Office of Governor Mike Braun
Email: [email protected]
Cell: 317-391-9475
Event Details
Event Type
Press Releases Calendar
Related changes
Get daily alerts for IN Governor Newsroom
Daily digest delivered to your inbox.
Free. Unsubscribe anytime.
About this page
Every important government, regulator, and court update from around the world. One place. Real-time. Free. Our mission
Source document text, dates, docket IDs, and authority are extracted directly from IN Governor.
The summary, classification, recommended actions, deadlines, and penalty information are AI-generated from the original text and may contain errors. Always verify against the source document.
Classification
Who this affects
Taxonomy
Browse Categories
Get alerts for this source
We'll email you when IN Governor Newsroom publishes new changes.
Subscribed!
Optional. Filters your digest to exactly the updates that matter to you.