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 support for its small modular reactor plans.
NuScale Power, trading at $11.67, sits...
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