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Finland is committed to the safe, secure and sustainable management of radioactive waste as it nears completion of the world's first geological disposal facility for used fuel, an International Atomic Energy Agency (IAEA) team of experts has concluded.

Date: Wednesday, 14 December 2022
Original article: world-nuclear-news.org/Articles/IAEA-sees-Finnish-commitment-to-safe-radwaste-mana

Swedish state-owned energy company Vattenfall has signed an agreement with the Estonian nuclear energy start-up company Fermi Energia in order to become a minority shareholder of the company with a seed investment of EUR1 million (USD1.2 million). Fermi Energia is studying the deployment of small modular reactors (SMRs) in Estonia.

Date: Wednesday, 02 June 2021
Original article: world-nuclear-news.org/Articles/Vattenfall-takes-minority-stake-in-Fermi-Energia

Swedish utility takes 6% stake, saying SMRs look ‘very promising’ for Baltic country The investment agreement was signed between Torbjörn Wahlborg, senior vice-president generation at Vattenfall and Kalev Kallemets, CEO of Fermi Energia. Image courtesy Vattenfall. Vattenfall has signed an agreement with the Estonian nuclear energy startup Fermi Energia to become a minority shareholder in the company with a seed investment of €1m.

The investment follows a November 2020 announcement that Vattenfall had extended its cooperation with Fermi Energia by signing a letter of intent to explore the possibilities for small modular reactor deployment in Estonia.

The Swedish utility, which owns 10 nuclear reactors in Sweden and Germany, said it has now accepted the opportunity to become a minority shareholder of approximately 6% ownership.

“With this minority investment, Vattenfall can contribute our know-how and work jointly on feasibility studies about costing, supply chain and capabilities to construct and operate small modular reactor technology,” Vattenfall senior vice-president generation Torbjörn Wahlborg said.

Date: Tuesday, 01 June 2021
Original article: nucnet.org/news/vattenfall-agrees-to-become-minority-investor-in-fermi-energia-nuclear-startup-5-1-2021

Swedish utility Vattenfall said on 18 March that it was joining the Estonian pilot study on small modular reactors (SMRs).

Date: Tuesday, 24 March 2020
Original article: neimagazine.com/news/newsvattenfall-joins-estonian-smr-study-7833460

Finnish company Fortum has signed agreements with two investment companies to buy a further stake in Uniper for 2.3 billion ($2.5 billion).

Date: Thursday, 10 October 2019
Original article: neimagazine.com/news/newsfortum-to-increase-its-stake-in-uniper-7445053