Banks reject nuclear funding, stocks nosedive and the industry says it should, believe it or not, slow down. NuScale, the company whose small modular reactor project collapsed so spectacularly last November, is “burning cash at the rate of $185 million per year”. On March 22, the company’s CEO, John Hopkins, sold 59,768 of his shares in the company. This is the same CEO who declared NuScale’s SMR project, aptly named VOYGR, “a dead horse.” It’s clearly on a journey to … read more »
The post Nuclear Finance appeared first on No2NuclearPower.
