NuScale to acquire long-lead reactor materials from terminated CFPP project for $32.3M

NUSCALE POWER Corp

NuScale subsidiary to purchase URPV long-lead materials from CFPP LLC for $32,322,870.89 via credit invoices to CFPP.
Materials were produced under DOE award for the Carbon Free Power Project, which was terminated in November 2023.
If transaction does not close by October 1, 2025, CFPP will transfer assets to DOE and NuScale must release all rights.
DOE will receive $32.3M from CFPP and release rights to NuScale; further discussions for other project assets are planned.

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