Nuclear Finance

European Investment Bank Makes First Move In SMRs With €40 Million Backing For Finland’s Steady Energy

By Nigel Davies
15 September 2026

Company plans stock exchange listing and start of nuclear plant construction by 2029-2030

European Investment Bank Makes First Move In SMRs With €40 Million Backing For Finland’s Steady Energy
Steady Energy chief executive officer Tommi Nyman said the company can focus on finalising the LDR-50 technology and its first customer projects. Photo courtesy Steady Energy.
The European Investment Bank (EIB) will invest up to €40m ($46.1m) in Finland’s Steady Energy to help it develop its district heating reactor as part of the European Commission’s strategy to bring small modular reactors (SMRs) online in Europe in the 2030s.

Want to know more?
Sign up.

Pen Use this content

Tags


Related