ČEZ Group to invest in Rolls-Royce SMR.

ČEZ Group, an energy conglomerate, agreed to invest in Rolls-Royce SMR, a low-cost clean energy solution. Financial terms were not disclosed. “This investment enables our commitment to international collaboration in delivering clean power at home and abroad. The Czech Republic hosts some of the world’s leading nuclear supply chain companies. This collaboration in deployment of Rolls-Royce SMR units offers a unique opportunity for growth and prosperity to the nuclear sector through our participation in the development of the technology and will enable CEZ and other local companies to play a significant role in its future global production,” Daniel Beneš, CEZ Group CEO.