Rolls-Royce Holdings plc Wins Fresh Europe SMR Deal as Czech Nuclear Bet Moves Forward
Rolls-Royce SMR signed an early works contract with ČEZ Group to begin preparatory work for the Czech Republic’s first small modular reactor at Temelín, with the first unit now expected in the late 2030s. The deal follows a similar UK contract signed this month. Rolls-Royce shares closed down 2.65% at 1,129.40 pence on Friday. The Czech state is moving to take full control of ČEZ.