Research & Development

Advanced Reactors / UK’s Newcleo Launches €1 Billion Equity Raise For LFR Development

By David Dalton
20 March 2023

Company also aiming to produce fuel from nuclear waste
UK’s Newcleo Launches €1 Billion Equity Raise For LFR Development
Stefano Buono said the technology can address the decarbonisation of energy systems and security of energy supply.
UK-based newcleo, which is developing Generation IV nuclear reactors using nuclear waste as fuel, has launched an equity raise of up to €1bn ($1.07bn) to fund the further development of its lead-cooled fast nuclear reactors (LFRs) and its plants to manufacture fuel from nuclear waste.

Want to know more?
Sign up.

Pen Use this content

Tags


Related