Japan Bank for International Cooperation completed the acquisition of minority interest in NuScale Power from Fluor for $100m..

Japan Bank for International Cooperation, a financial institution, completed the acquisition of minority interest in NuScale Power, a provider of nuclear technology from Fluor, a provider of engeenering and construction services for $100m. “This strategic investment by JBIC, together with previous Japanese investments by JGC and IHI, further validates the successful 11-year, $1.3bn private-public partnership of Fluor, NuScale and the US Department of Energy. The newly-formed Japanese private-public partnership, along with other strategic investors, provides a strong financial and execution-ready platform for the widespread deployment of safe, affordable, carbon-free energy solutions," David Constable, Fluor CEO.