Nuscale reaches key milestone in the development of the carbon free power project

Portland, ore.--( business wire )--nuscale power corporation (nyse: smr) announced today that the project management committee (pmc) for the carbon free power project (cfpp) reaffirmed its commitment to nuscale's industry-leading small modular reactor (smr) technology by approving a new budget and plan of finance (bpf) and an update to the development cost reimbursement agreement (dcra). this key milestone was reached with the receipt and acceptance of the cfpp's class 3 project cost estimate (pce), which further refines the anticipated total cost of the project.
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