Qatar Investment Authority is taking a 10 per cent equity share in Rolls-Royce SMR Limited with an ￡85m investment. QIA, the sovereign wealth fund of Qatar, joins Rolls-Royce Group, BNF Resources UK Ltd and Exelon Generation Ltd as shareholders in Rolls-Royce SMR. Rolls-Royce SMR is building a new technology solution to deliver affordable, low carbon, nuclear power via small modular reactors. The Rolls-Royce SMR is a compact power station design, producing 470MWe from a Gen III+ pressurised water reactor (PWR). The entire plant is being designed as a number of modular sub-assemblies which will be manufactured in factories then transported to site for rapid assembly inside a weatherproof canopy.
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