Fluor Exit Refocuses NuScale Power On Funding Risks And Valuation Gaps

Fluor, historically the largest shareholder in NuScale Power, has sold most of its stake, nearing a full exit from NYSE:SMR. The move follows substantial share sales in April and coincides with NuScale’s major payment tied to its planned 6 GW Tennessee Valley Authority reactor project. Fluor’s reduced involvement raises fresh questions around NuScale’s long term funding sources, governance mix, and perceived s…