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The End of DOE s Flagship Small Modular Nuclear Reactor (SMR) — A Cautionary Tale « nuclear-news

10 years is a long time for investors; and it doesn’t sit well in the context of climate change, which requires solutions now. Since 2011, Congress has appropriated some $6.6 billion for SMRs, out of which DOE has “obligated” some $3 billion, including $583 million for NuScale more than for any other SMR project.…

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NuScale Power Completes Merger with Spring Valley Acquisition Corp to Create World s First and Only Publicly Traded Provider of Transformational Small Modular Nuclear Reactor Technology

NuScale Power Completes Merger with Spring Valley Acquisition Corp to Create World s First and Only Publicly Traded Provider of Transformational Small Modular Nuclear Reactor Technology
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United statesUnited kingdomCity ofBarney gimbel max grossRobert kaplanChristopherd sorrellsGary dvorchakDiane hughesFinsbury glover heringJohn hopkinsAlan boeckmannSargent lundyDoosan enerbilityJapan bankPearl energy investment managementFluor corporation

CORRECTING and REPLACING NuScale Power Completes Merger with Spring Valley Acquisition Corp to Create World s First and Only Publicly Traded Provider of Transformational Small Modular Nuclear Reactor Technology

Combined company expected to have enterprise value of approximately $1.9 billion; will commence trading on the New York Stock Exchange under ticker symbols "SMR" and "SMR WS" May 3, 2022 Transaction

United statesUnited kingdomCity ofBarney gimbel max grossRobert kaplanChristopherd sorrellsGary dvorchakDiane hughesFinsbury glover heringJohn hopkinsAlan boeckmannSargent lundyDoosan enerbilityJapan bankPearl energy investment managementFluor corporation

NuScale Power Completes Merger with Spring Valley Acquisition Corp to Create World s First and Only Publicly Traded Provider of Transformational Small Modular Nuclear Reactor Technology

Combined company expected to have enterprise value of more than $2.2 billion; will commence trading on the New York Stock Exchange under ticker symbols "SMR" and "SMR WS" May 3, 2022 Transaction

United statesUnited kingdomCity ofBarney gimbel max grossRobert kaplanChristopherd sorrellsGary dvorchakDiane hughesFinsbury glover heringJohn hopkinsAlan boeckmannSargent lundyDoosan enerbilityJapan bankPearl energy investment managementFluor corporation

NuScale Power Completes Merger with Spring Valley Acquisition Corp to Create World s First and Only Publicly Traded Provider of Transformational Small Modular Nuclear Reactor Technology

NuScale Power Completes Merger with Spring Valley Acquisition Corp to Create World s First and Only Publicly Traded Provider of Transformational Small Modular Nuclear Reactor Technology
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United statesUnited kingdomCity ofAlan boeckmannJohn hopkinsSargent lundyDoosan enerbilityChristopherd sorrellsJapan bankPearl energy investment managementFluor corporationKirkland ellisSamsungct corporationDunn crutcherWhite caseYork stock exchange