EIB makes first investment in modular nuclear reactors
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The European Investment Bank (EIB) is investing €40 million in a Finnish small modular reactor startup, ending a four-decade hiatus from nuclear funding as Europe races to develop new clean energy technologies. The recipient company is Steady Energy, and the EIB funds are part of a wider financing package that includes […]
The 50 MW Steamy Energy reactor will be intended for heat production with the aim of decarbonizing district heating.
EIB sends EUR 40 million to Steady Energy Oy to develop a small modular nuclear reactor with a capacity of 50 MW and support a stable energy supply in Europe
EIB Allocates up to €40 Million for Its First Investment in Small Modular Nuclear Reactor Technology
The European Investment Bank (EIB) announced on Tuesday that it will make its first investment in the technology of small modular nuclear reactors (SMR), at a time when Europe is accelerating its efforts to develop a new generation of nuclear energy technologies. The European financial institution will invest up to 40 million euros in the Finnish company [...] The post EIB allocates up to 40 million euros for its first investment in the technolo…
The European Investment Bank (EIB) announced on Tuesday that it will make its first investment in small modular nuclear reactors (SMR), in the context of Europe's entry into a race for the development of the next...
The European Investment Bank (EIB) announced on Tuesday that it will make its first investment in small modular nuclear reactors (SMR), in the context of Europe's entry into a race for the development of the next generation of nuclear energy technologies, reports Reuters.
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