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Japanese engineering firm EPC joins with NuScale in small modular reactor investment

Japanese EPC firm takes $40M stake in nuclear SMR developer NuScale Power,
Power EngineeringBy Rod Walton -4.5.2021

A Japanese energy project engineering, procurement and construction (EPC) contractor is the latest industry firm making a major investment in a nuclear small modular reactor (SMR) firm.

Majority investor Fluor Corp. announced Monday that JGC Holdings Corp. invested $40 million in NuScale Power LLC. NuScale is a SMR developer which already is reachintg U.S. federal regulatory approval to move forward on project deployment.

Portland, Oregon-based NuScale will advance its global development with investments and EPC partnerhips with companies like JGC and Fluor……….

April 6, 2021 - Posted by | business and costs

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