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Advanced Reactor Company Newcleo Signs Deals To Build Up To Four Nuclear Plants In Slovakia

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Newcleo has signed two deals with Slovakia’s nuclear companies Javys and Vuje to build up to four advanced nuclear plants costing €3.2bn ($3.3bn), the reactor technology firm said.

Under the first agreement, Newcleo and state nuclear and decommissioning company Javys will set up a joint venture to build up to four of Newcleo’s Generation IV lead-cooled fast reactor, or LFR-AS-200, nuclear plants at the existing Bohunice site in western Slovakia.

The second agreement with engineering company Vuje sets a framework for technical and commercial cooperation to support Newcleo's development and implementation of its LFR technology, primarily in Slovakia.

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