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NuScale Power Module Deployment with ENTRA1

Sector: Nuclear • Location: Portland, Oregon, United States

Source: Morningstar

Project
Planned

NuScale Power Corporation developed the NuScale Power Module (NPM), a small modular nuclear reactor designed to generate energy within a broader power plant. NuScale partnered with ENTRA1 Energy LLC, which was responsible for constructing power generation facilities incorporating NuScale's NPMs and managing financing, development, and initial operations of these facilities. However, issues arose r

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The project “NuScale Power Module Deployment with ENTRA1” is an infrastructure initiative in the Nuclear sector, located in Portland, Oregon, United States. Taiyo aggregates data on it from Morningstar.

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planned

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Description

Description

NuScale Power Corporation developed the NuScale Power Module (NPM), a small modular nuclear reactor designed to generate energy within a broader power plant. NuScale partnered with ENTRA1 Energy LLC, which was responsible for constructing power generation facilities incorporating NuScale's NPMs and managing financing, development, and initial operations of these facilities. However, issues arose regarding ENTRA1's actual experience and capabilities, leading to a significant stock drop and a securities fraud lawsuit against NuScale executives.

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High

Data quality score

100%

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