NuScale Closes New Business Agreements to Support Deployment of Revolutionary Small Modular Reactor
July 31, 2019 at 08:00 am EDT
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NuScale Power announced that it has finalized agreements with Doosan Heavy Industries and Construction (DHIC) and Sargent & Lundy to support deployment of its groundbreaking small modular reactor (SMR) and provide cash investment in NuScale. DHIC will bring its expertise in nuclear pressure vessel manufacturing and will join the larger U.S.-led manufacturing team to build NuScale’s groundbreaking NuScale Power Module™ (NPM), America’s first small modular reactor. Meanwhile, Sargent & Lundy will proceed with development of the standard plant design to be used at multiple locations, including the Carbon Free Power Project in Idaho, and will provide additional architect-engineer support.
Doosan Enerbility, formerly Doosan Heavy Industries & Construction Co Ltd, is a Korea-based company principally engaged in the industrial equipment manufacture business. The Company operates its business through six segments. The Doosan Bobcat Business segment is engaged in the manufacture and sale of construction machinery and compact equipment. The Doosan Heavy Industry Business segment is engaged in the manufacture of turbines, water treatment facilities and others. The Doosan Infracore Business segment is engaged in the manufacture and sale of internal combustion engines, construction machineries, transportation equipment and parts. The Doosan Construction Business segment is engaged in the commercial and residential buildings, roads, bridges and railways construction businesses. The Doosan Fuel Cell Business segment is engaged in the manufacture and repair services of fuel cell. The Other Business segment is engaged in the operation of golf courses.
DOOSAN ENERBILITY CO., LTD. 
