Constellation Energy's (CEG) venture arm made an equity investment in Blue Energy, a developer of prefabricated nuclear power plants, for an undisclosed amount.
Blue Energy said Thursday the investment will support its shipyard-style manufacturing model, which uses large-format robotic prefabrication and assembly, and its project-financing strategy.
Constellation said the investment supports Blue Energy's plans to deploy GE Vernova Hitachi's BWRX-300 small modular reactor technology as part of a multi-gigawatt gas-to-nuclear project.
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