Europe Bets Big on Small Modular Reactors. Here's How NuScale Power and Oklo Will Benefit.

The European Investment Bank announced a €40 million loan to Finnish SMR developer Steady Energy, marking the first in a planned pipeline of SMR investments. This government support is expected to benefit SMR companies like NuScale Power and Oklo by increasing commercialization proof points and helping convert their customer pipelines into revenue-generating projects, though meaningful results could take years.