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Rolls-Royce Small Modular Reactors (SMR) will be the UK's first.
The National Wealth Fund announced a £599m financing package for Rolls-Royce Small Modular Reactors.
KEY POINTS
- This funding aims to de-risk the SMR project and attract billions in private and international investment.
- Rolls-Royce SMR, co-owned with Czech company CEZ, expects to create around 1,000 jobs from the funding.
- The partnership with Great British Energy will deliver the UK's first small modular reactors for clean energy.
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