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NuScale Power has announced plans to merge with Spring Valley Acquisition Corp to create a new "first of its kind" energy company to accelerate the commercialisation of NuScale's small modular reactor. The new publicly listed company will be named NuScale Power Corporation and is projected to be 60%-controlled by NuScale's current majority owner Fluor Corporation.
Fluor Corporation has announced that NuScale Power, in which Fluor is the majority investor, has signed a merger agreement with Spring Valley Acquisition Corp.
Fluor Corporation has announced that NuScale Power, in which Fluor is the majority investor, has signed a merger agreement with Spring Valley Acquisition Corp.