secwatch.observer — SEC 8-K summary
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Issuer:     FLUOR CORP (FLR)
CIK:        0001124198
Form:       8-K
Filed at:   2022-04-04T23:59:59+00:00
Accession:  0001628280-22-008247
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

JBIC invests $110M in NuScale Power; Fluor retains majority interest after transaction
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- Japan Bank for International Cooperation, via JNI (including JGC and IHI), purchased $110M preferred equity in NuScale from Fluor and other investors.
- Transaction values NuScale at ~$1.9B equity. After sale and pending Spring Valley merger, JNI expected to hold 8-9% of NuScale.
- Fluor retains majority interest and will continue work on the Carbon Free Power Project in Idaho.
- Investment subject to CFIUS review; can be rescinded if not approved or Spring Valley merger terminated.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1124198/000162828022008247/0001628280-22-008247-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1124198/000162828022008247/flr-20220404.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-008247

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer