Newcleo's $19B US Nuclear Bet
Update: 2025-11-10
Description
Newcleo, an Italian nuclear startup, plans to invest $19 billion in building 20 small modular reactors in the US, marking a shift from their initial British expansion plans. This change is due to favorable US policies, including an executive order by former President Trump, which cut regulations and fast-tracked new licenses for nuclear facilities.
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