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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.
- Source: World Nuclear News
- 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.
- Source: World Nuclear News
- Date: Wednesday, 02 June 2021
- Original article: world-nuclear-news.org/Articles/Vattenfall-takes-minority-stake-in-Fermi-Energia
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.
- Source: Nucnet
- 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).
- Source: NEI Magazine
- 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).
- Source: NEI Magazine
- Date: Thursday, 10 October 2019
- Original article: neimagazine.com/news/newsfortum-to-increase-its-stake-in-uniper-7445053