Fluor announces japan bank for international cooperation investment of $110 million into nuscale power

Irving, texas--(business wire)--fluor corporation (nyse: flr) announced today that japan bank for international cooperation (jbic), through japan nuscale innovation, llc, a special purpose investment entity that also includes jgc holdings corporation (jgc) and ihi corporation (ihi), has purchased a preferred equity position in nuscale power, llc, (nuscale) for $110 million from fluor and other existing nuscale investors. the transaction is based on an approximate $1.9 billion equity valuation f
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