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Announced

QIA to acquire a 10$ stake in Rolls-Royce SMR for $113m.

Synopsis

Qatar Investment Authority, a sovereign wealth fund, agreed to acquire a 10% stake in Rolls-Royce Small Modular Reactor, an integrated power station, that takes well understood, existing nuclear technology, for $113m. "QIA is investing in the energy transition and funding the technologies that enable low carbon electricity generation. We will continue to seek out investments that align with our mandate to deliver long-term value for future generations through responsible sustainable investments," Mansoor bin Ebrahim Al-Mahmoud, QIA CEO.

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