| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
|---|
| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
|---|
| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
|---|
Fluor Corporation (NYSE:FLR) announced today that it has signed a contract with RoPower Nuclear for Phase 2 front-end engineering and design (FEED) work at its small modular reactor (SMR) facility in Doicesti, Romania. Fluor will recognize the contract as a new award in the third quarter of 2024. Fluor completed Phase 1 FEED work in the fourth quarter of 2023.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240729316115/en/
The project will utilize NuScale Power's SMR technology to generate carbon-free power, marking a significant milestone in Romania's advancement of clean energy initiatives.
A contract signing ceremony took place during the Partnership for Transatlantic Energy and Climate Cooperation summit in Bucharest, Romania, on Wednesday, July 24. The event was attended by Fluor and NuScale representatives, as well as Romanian Minister of Energy Sebastian Burduja and U.S. Secretary of Energy Jennifer Granholm, emphasizing bilateral cooperation and the critical role of SMR technology in addressing carbon free power needs and enhancing energy security. The project has received substantial support from both the Romanian and U.S. governments.
Posted In: FLR
