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PORTLAND, Ore. (BUSINESS WIRE) Jul 22, 2021 NuScale Power announced today Samsung C&T Corporation (Samsung C&T) has committed to make an equity investment in NuScale to support deployment of its groundbreaking small modular reactor (SMR). In conjunction with the investment, Samsung C&T and NuScale’s lead engineering, construction and procurement (EPC) partner, Fluor Corporation, are developing a business collaboration agreement to expand capabilities available for future deployment of NuScale projects. Samsung C&T, a trusted nuclear power plant contractor, participated in construction of the four unit Barakah Nuclear Power Plant in the United Arab Emirates. Under its agreements with NuScale and Fluor, Samsung C&T will draw upon its nuclear construction experience with the successful completion of the Barakah Plants and Uljin, South Korea Nos. 5 and 6 Plants to serve as a strategic partner to Fluor and other potential project participants.

United statesUnited kingdomSaudi arabiaAr riyaUnited arab emiratesSouth koreaKyongsang buktoCity ofDiane hughesBurj khalifaJohn hopkinsSamsungct engineering construction groupBarakah nuclear power plantFluor corporationMw barakah nuclear power plantSamsungct corporation samsung