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Japan’s JGC Holdings invests $40M into small modular nuclear reactor company NuScale Power

April 6, 2021

In a recent interview with the Washington Post’s David Ignatius, energy experts Ernest Moniz and Lynn Good agreed that nuclear energy ought to play a role in the carbon-free energy future. Today, Fluor Corporation announced that JGC Holdings Corporation of Japan invested $40 million into NuScale Power, a small modular nuclear reactor (SMR) technology company in which Fluor is the majority investor. In addition to JGC’s ownership interest, JGC will become a global strategic engineering, procurement and construction (EPC) partner for new SMR projects.

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