NuScale Power Stock Rises Amid UK Investment in Rolls-Royce SMRs
NuScale Power's stock rose 7.7% following news that the UK's National Wealth Fund will invest $805 million in Rolls-Royce's small modular reactor (SMR) subsidiary. The investment is part of a larger $37.7 billion initiative to support clean energy projects, which has positively impacted the nuclear power sector. NuScale, a U.S.-based SMR developer, is indirectly benefiting from this development.
Tickers: $SMR
Topics: Government Funding Nuclear Energy NuScale Power Rolls-Royce SMRs (Small Modular Reactors)