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NuScale Power gets $40M Equity Investment from a Japanese Firm that Will Also Be Its EPC
NuScale Power announced April 5 on that it has completed an investment and strategic partnership agreement with JGC Holdings Corporation (JGC HD), a holding company of one of the world’s leading EPC contractor group companies headquartered in Japan.
As part of a commercial relationship with Fluor Corporation, NuScale’s majority investor and EPC partner in the United States, JGC HD will provide a $40 million cash investment in NuScale Power and partner with Fluor on the deployment of NuScale Power Plants.
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