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NuScale Closes Business Agreement with Sarens to Support SMR Deployment and Provide Cash Investment

NuScale Closes Business Agreement with Sarens to Support SMR Deployment and Provide Cash Investment NuScale Closes Business Agreement with Sarens to Support SMR Deployment and Provide Cash Investment NuScale Power today announced that it has finalized an agreement with Sarens USA to support deployment of its groundbreaking small modular reactor (SMR) and provide a cash investment in NuScale. Sarens USA, the global leader in crane rental services, heavy lifting, and engineered transport, will provide both heavy crane supply for construction as well as engineering, and transportation planning, and will be the key heavy haul provider that gets the NuScale Power Module„¢ from the factory to the first site. As part of the agreement, Sarens will provide a long-term investment in NuScale, signaling a growing commitment from a major global strategic player as an investment partner. NuScales exclusive engineering, procurement, and construction (EPC) contract partner and majority inve

NuScale Closes Business Agreement with Sarens to Support SMR Deployment and Provide Cash Investment

NuScale Closes Business Agreement with Sarens to Support SMR Deployment and Provide Cash Investment
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Key contract secured to support modular reactor project

Key contract secured to support modular reactor project INL Artist rendering of SMR Project in Idaho PORTLAND, Ore. (KIFI/KIDK) - NuScale Power reports it has finalized an agreement with Sarens USA that will support the deployment of its Small Modular Reactor (SMR) project. The agreement will also include a cash investment in NuScale. Sarens USA is a global leader in crane rental services and will provide both heavy crane supply for construction as well as engineering and transportation planning. It will play a key role in moving the power module from the factory to the operation site. Fluor Corporation will also use Sarens for construction site cranes on other projects. 

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