NuScale Power, LLC (“NuScale” or the “Company”), the industry-leading provider of proprietary and innovative advanced nuclear small modular reactor (“SMR”) technology, and Spring Valley Acquisition Corp. (NASDAQ: SV, SVSVW) (“Spring Valley”), a publicly traded special purpose acquisition company, today announced that SailingStone Capital Partners (“SailingStone”), a subsidiary of Pickering Energy Partners LP, has committed to a $10 million private investment in public equity (“PIPE”) in furtherance of the NuScale-Spring Valley merger transaction, increasing the total PIPE commitment for this transaction up to $221 million.
NuScale Power and Spring Valley Acquisition Corp. Announce Additional $10 Million PIPE Investment From SailingStone Capital Partners
Mar 29, 2022
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