NuScale Power has developed a new modular light water reactor nuclear power plant to supply energy for electrical generation, district heating, desalination, and other process heat applications. This groundbreaking small modular reactor (SMR) design features a fully factory-fabricated NuScale Power Module™ capable of generating 77 MW of electricity using a safer, smaller, and scalable version of pressurized water reactor technology. NuScale's scalable design-power plants that can house up to four, six, or 12 individual power modules-offers the benefits of carbon-free energy and reduces the financial commitments associated with gigawatt-sized nuclear facilities. The majority investor in NuScale is Fluor Corporation, a global engineering, procurement, and construction company with a 70-year history in commercial nuclear power.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 08/03/21 | $152,000,000 | Series A-5 |
Doosan Heavy Industry and Construction GS Energy IHI Corporation Samsung C&T Corporation Sarens Sargent & Lundy | undisclosed |
