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NuScale Power gets $40M Investment from Japanese EPC


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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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Biden's pricier troop deal with Seoul to impact next agreement with Tokyo


Mar 8, 2021
U.S. President Joe Biden is ticking off his administration’s to-do list for shoring up America’s alliances in Asia.
On Sunday, the U.S. State Department announced that Washington and Seoul had reached a tentative deal on a “meaningful increase” in cost-sharing for hosting American troops in South Korea, less than a month after concluding a one-year deal with Japan.
The breakthrough was expected to impact ongoing U.S. talks on a longer-term agreement with Tokyo.
Known as a “Special Measures Agreement” (SMA), the deal announced Sunday is expected to be for multiple years and will replace the previous arrangement that expired at the end of 2019 under then-U.S. President Donald Trump. ....

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