Small Modular Reactors

Advanced Reactors / NuScale Secures Additional $10M As It Bids To Go Public

By David Dalton
29 March 2022

Total private investment commitment stands at $221m
NuScale Secures Additional $10M As It Bids To Go Public
NuScale says it could deliver its first SMR power plant to a customer as soon as 2027. Courtesy NuScale.
US small modular reactor developer NuScale Power and Spring Valley Acquisition Corp have announced that California-based investment advisory firm SailingStone Capital Partners has committed to a $10m “private investment in public equity” as part of the NuScale-Spring Valley merger transaction, increasing the total commitment to $221m.

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