secwatch.observer — SEC 8-K summary
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Issuer:     NUSCALE POWER Corp (SMR)
CIK:        0001822966
Form:       8-K
Filed at:   2023-11-08T23:59:59+00:00
Accession:  0001822966-23-000256
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NuScale and UAMPS terminate Carbon Free Power Project due to insufficient subscription
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- UAMPS and NuScale mutually agreed to end the CFPP; appears unlikely to have enough subscription for deployment.
- Project spanned 10 years; NuScale CEO says technology is now at commercial deployment stage with regulatory approval.
- NuScale will continue with other domestic and international customers to deploy its SMR technology.
- Parties working with U.S. DOE on next steps to wind down the project.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1822966/000182296623000256/0001822966-23-000256-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1822966/000182296623000256/smr-20231108.htm
  HTML page:      https://secwatch.observer/filing/0001822966-23-000256

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